Holding all other things equal, if the government of South Africa increases its expenditure at a given price level, which of the following is most likely? a) The amount of real GDP will decrease. b) The size of the country's debt will reduce. c) The supply of money will reduce. d) The amount of unemployment will reduce.

Holding all other things equal, if the government of South Africa increases its expenditure at a given price level, which of the following is most likely? a) The amount of real GDP will decrease. b) The size of the country's debt will reduce. c) The supply of money will reduce. d) The amount of unemployment will reduce.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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