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Other Fields Homework Help Economics Topic started by: jujubee600 on Apr 28, 2019



Title: Suppose that in the beginning of 2016 the federal debt was $9 trillion. During 2016, the government ...
Post by: jujubee600 on Apr 28, 2019

Question 1.

If government purchases are decreased by $800 and taxes are decreased by $800, the equilibrium level of income will



▸ decrease by $800.

▸ increase by $800.

▸ not change.

▸ decrease by $1600.

Question 2.

Suppose that in the beginning of 2016 the federal debt was $9 trillion. During 2016, the government balanced its budget. At the end of 2016, the federal debt



▸ increased.

▸ stayed the same.

▸ decreased.

▸ was eliminated.


Title: Suppose that in the beginning of 2016 the federal debt was $9 trillion. During 2016, the government ...
Post by: aishasu on Apr 28, 2019
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Title: Suppose that in the beginning of 2016 the federal debt was $9 trillion. During 2016, the government ...
Post by: jujubee600 on Apr 28, 2019
Thanks