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Author Question: Other things equal, an increase in government purchases combined with an equal increase in taxes ... (Read 109 times)

nelaaney

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on: Jun 30, 2018
Other things equal, an increase in government purchases combined with an equal increase in taxes would:
 a. increase AD.
 b. decrease AD dramatically.
  c. decrease AD slightly.
 d. leave AD unchanged.

Question 2

Using money as a unit of account lowers information costs compared to barter exchanges.
 a. True
  b. False
  Indicate whether the statement is true or false


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akpaschal

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

a

Answer to Question 2

True


nelaaney

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

Dominic

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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