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Home Q & A Board Other Fields Homework Help Business Economics
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rsbains rsbains
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5 years ago

Question 1.

If the government increases taxes by $20 billion and decreases spending by $20 billion, equilibrium output increases by $20 billion.



▸ true

▸ false

Question 2.

A tax cut of $5 billion will have a greater effect on the economy than an increase in government purchases of $5 billion.



▸ true

▸ false
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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beunikuelbeunikuel
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5 years ago
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rsbains Author
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#2
5 years ago
I appreciate what you did here, answered it correctly Smiling Face with Open Mouth
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