In a closed economy, if the government wants to increase aggregate demand, it canO increase, increaseO increase, decreaseO decrease, increaseO decrease, decreasegovernment purchases ortaxeThe nation of Ectenia has long banned the export of its puka shells. A newly elected resident removes the export ban. This change in policy will cause the nation'scurrency to making the goods Ectenia exports expensive.O appreciate, lessO appreciate, moreO depreciate, lessO depreciate, more

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In a closed economy, if the government wants to increase aggregate demand, it cangovernment purchases orta: O increase, increase increase, decrease decrease, increase decrease, decrease

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

In a closed economy, if the government wants to increase aggregate demand, it can
O increase, increase
O increase, decrease
O decrease, increase
O decrease, decrease
government purchases or
taxe
The nation of Ectenia has long banned the export of its puka shells. A newly elected resident removes the export ban. This change in policy will cause the nation's
currency to making the goods Ectenia exports expensive.
O appreciate, less
O appreciate, more
O depreciate, less
O depreciate, more

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