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Author Question: The government of Poorland increased its expenditure following a recession. This is likely to lead ... (Read 60 times)

cookcarl

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on: Jun 30, 2018
The government of Poorland increased its expenditure following a recession. This is likely to lead to ________.
 
  A) higher interest rates B) an increases in demand for labor
  C) a decrease in the price level D) lower real wages

Question 2

Refer to Figure 8A.1. When the economy reaches K
 
  A) economic growth through capital deepening continues to increase.
  B) capital stock increases.
  C) depreciation equals saving.
  D) depreciation is zero.


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flexer1n1

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


cookcarl

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Reply #2 on: Jun 30, 2018
Thank you


flexer1n1

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Reply #3 on: Jun 30, 2018
No problemo


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