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Author Question: The equilibrium effects of a temporary increase in government spending include A) an increase in ... (Read 109 times)

torybrooks

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on: Jun 30, 2018
The equilibrium effects of a temporary increase in government spending include
 
  A) an increase in the real wage and an increase in the real interest rate.
  B) an increase in the real wage and a decrease in the real interest rate.
  C) a decrease in the real wage and an increase in the real interest rate.
  D) a decrease in the real wage and a decrease in the real interest rate.

Question 2

Mercantilism followed feudalism. Unlike feudalism, mercantilism did not support any form of a strong central government or system of nation states.
 
  Indicate whether the statement is true or false


isabelt_18

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

C

Answer to Question 2

False


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