Multiple Choice
Refer to the information provided in Figure 12.5 below to answer the questions that follow.
Figure 12.5
-Refer to Figure 12.5.As a result of ________,the equilibrium interest rate increases and the equilibrium output level decreases.
A) an increase in government spending
B) a decrease in government spending
C) an increase in the price level
D) a decrease in the price level
Correct Answer:

Verified
Correct Answer:
Verified
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