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Loraine Loraine
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7 years ago
The balanced budget multiplier is based on the point that the ________ multiplier is larger than the ________ multiplier so that an equal increase in government expenditure and taxes ________ aggregate demand.
A) tax; expenditure; does not change
B) expenditure; tax; does not change
C) expenditure; tax; decreases
D) expenditure; tax; increases
E) tax; expenditure; decreases
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

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7 years ago
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