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Which of the following is likely to happen if the government lowers its expenditure?

johndoris

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Which of the following is likely to happen if the government lowers its expenditure?

Which of the following is likely to happen if the government lowers its expenditure?

▸ Price level will rise.

▸ Unemployment will increase.

▸ Consumption will increase.

▸ Investment will increase.

Textbook

Macroeconomics

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 47 times

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CrazyW27

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johndoris Author

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Smart ... Thanks!

jodie1

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Helped a lot

kamikazekota

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Thanks

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