A $100 million decrease in government expenditures (G) leads to an even larger decrease in aggregate planned expenditures (GDP) because of Question 5Answer a. changes in induced aggregate supply. b. changes in induced consumption. c. the effects of discretionary fiscal policy. d. the effects of automatic fiscal policy.

A $100 million decrease in government expenditures (G) leads to an even larger decrease in aggregate planned expenditures (GDP) because of Question 5Answer a. changes in induced aggregate supply. b. changes in induced consumption. c. the effects of discretionary fiscal policy. d. the effects of automatic fiscal policy.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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