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Which of the following is likely to happen if the government lowers its expenditure?
nurse15
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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
Edition:
3
rd
Authors:
Acemoglu, Laibson, List
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Unemployment will increase.
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nurse15
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Helped a lot
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Thanks
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This helped my grade so much
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