A permanent increase in government purchases increases GDP.
Correct Answer:
Verified
Q12: Among the government's uses of funds are;
A)transfer
Q13: The fastest growing part of the Eurozone
Q14: Governments purchases include:
A)defense spending.
B)education spending.
C)social security retirement
Q15: The government's budget constraint is:
A)Gt + Vt
Q16: The government's budget is:
A)government purchases plus transfer
Q18: The government budget constraint is:
A)government purchases less
Q19: Since the Great Recession in 2008-09 government
Q20: Government can use its funds to purchase
Q21: Among the government's uses of funds are;
A)government
Q22: In the market clearing model a permanent
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