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Chako Chako
wrote...
Posts: 2948
8 years ago
In the short-run, an increase in government purchases will cause
A) a shift of the DD curve the left and an appreciation of the currency.
B) a shift of the DD curve to the left and a decrease in output.
C) a shift of the DD curve to the right and an increase in output.
D) a shift of the DD curve to the left and an increase in output.
E) a shift of the DD curve to the right and a decrease in output.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 103 times
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Answer verified by a subject expert
machukianmachukian
wrote...
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Posts: 2946
8 years ago
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Chako Author
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8 years ago
I doubted this website before I signed up. I regret not being a member earlier lol
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7 years ago
Don't forget to vote my answer as best Nerd Face
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