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
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Chapter1: Making Economics Decisions
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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.
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