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Loraine Loraine
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8 years ago
The balanced budget multiplier applies when a $50 billion increase in government expenditure is financed by a $50 billion ________ in tax revenue and the balanced budget multiplier shows that in this case there is ________ effect on aggregate demand.
A) decrease; no
B) decrease; a positive
C) increase; no
D) increase; a positive
E) increase; a negative
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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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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SydnieSydnie
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8 years ago
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8 years ago
This helped my grade so much Perfect
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