Multiple Choice
If government expenditures or taxes are assumed to be autonomous,they
A) do not depend upon on the level of GDP
B) may be changed only through direct action by Congress
C) change only when the price level changes
D) change only upon executive order by the president of the United States
E) are autonomous at low levels of GDP but not at higher levels of GDP
Correct Answer:

Verified
Correct Answer:
Verified
Q56: Exhibit 11-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 11-5
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Q58: Exhibit 11-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 11-5
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Q66: Which of the following assumptions is usually