Suppose South Africans start to save more. This will result in a _______________ (4.1) shift of the ________________ (4.2) curve. The equilibrium level of output will ________________ (4.3) and the equilibrium price level will __________________ (4.4). The level of unemployment in the economy has _____________ (4.5). ________________ (4.6) fiscal policy can be implemented by the South African government to reduce unemployment. This involves ________________ (4.7) government expenditure and __________________ (4.8) tax. The effect of this fiscal policy is that the ____________ (4.9) curve will shift to the _________________ (4.10).
Suppose South Africans start to save more. This will result in a _______________ (4.1) shift of the ________________ (4.2) curve. The equilibrium level of output will ________________ (4.3) and the equilibrium price level will __________________ (4.4). The level of unemployment in the economy has _____________ (4.5). ________________ (4.6) fiscal policy can be implemented by the South African government to reduce unemployment. This involves ________________ (4.7) government expenditure and __________________ (4.8) tax. The effect of this fiscal policy is that the ____________ (4.9) curve will shift to the _________________ (4.10).
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Suppose South Africans start to save more. This will result in a _______________
(4.1) shift of the ________________ (4.2) curve. The equilibrium level of output will
________________ (4.3) and the
(4.4). The level of
________________ (4.6) fiscal policy can be implemented by the South African
government to reduce unemployment. This involves ________________ (4.7)
government expenditure and __________________ (4.8) tax. The effect of this fiscal
policy is that the ____________ (4.9) curve will shift to the _________________
(4.10).
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