Chapter24: Fiscal Policy
Section: Chapter Questions
Problem 12P
Related questions
Question
![A decrease in government spending will decrease
the equilibrium price level and decrease aggregate
output, ceteris paribus.
Select one:
True
False](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F275e20cb-0b96-42a3-818f-8da80926d8a5%2F74c83953-7f9b-4c95-97c8-fb0d53beb357%2F8qvbxrs_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A decrease in government spending will decrease
the equilibrium price level and decrease aggregate
output, ceteris paribus.
Select one:
True
False
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