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Author Question: An increase in government spending will have the greatest expansionary impact on the economy if it ... (Read 20 times)

melly21297

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An increase in government spending will have the greatest expansionary impact on the economy if it is combined with:
 a. an increase in tax revenue equal to the increase in spending.
  b. a decrease in tax revenue equal to the increase in spending.
  c. unchanged tax revenue.
  d. none of these is true.

Question 2

A decrease in the supply of money, other things being equal, will raise the equilibrium interest rate.
 a. True
  b. False
  Indicate whether the statement is true or false



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C.mcnichol98

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Answer to Question 1

b

Answer to Question 2

True




melly21297

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


kusterl

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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