Solved

Suppose That the Government Decreases Its Expenditures on Goods and Services

Question 191

Multiple Choice

Suppose that the government decreases its expenditures on goods and services. Within the AS-AD Model, the result will be in real GDP and in the price level.


A) a decrease; an increase
B) an increase; a decrease
C) an increase; an increase
D) a decrease; a decrease

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions