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smitch6 smitch6
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6 years ago
Changes in government spending are not likely causes of business cycles because government spending induced business cycles would, counterfactually predict
A) countercyclical consumption.
B) procyclical consumption.
C) countercyclical employment.
D) procyclical employment.
E) countercyclical real wages.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
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Blade73Blade73
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6 years ago
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