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Author Question: Government expenditures includes all of the following except A) federal defense spending. B) ... (Read 157 times)

itsmyluck

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on: Jun 30, 2018
Government expenditures includes all of the following except
 
  A) federal defense spending.
  B) federal nondefense spending.
  C) state and local spending.
  D) transfers.

Question 2

If the government reduces spending ________.
 
  A) the IS curve will shift to the right
  B) output will increase if interest rates remain fixed
  C) consumption will increase
  D) all of the above
  E) none of the above


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vkodali

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

D

Answer to Question 2

E


itsmyluck

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

ricroger

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Reply 3 on: Yesterday
Excellent

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