Multiple Choice
Assuming crowding-out but no multiplier or investment-accelerator effects,a $100 billion increase in government expenditures shifts aggregate
A) demand right by more than $100 billion.
B) demand right by less than $100 billion.
C) supply left by more than $100 billion.
D) supply left by less than $100 billion.
Correct Answer:
Verified
Correct Answer:
Verified
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