People might work more during a war time temporary increase in government purchases because of:
A) patriotism.
B) the increase in the MPL as the model predicts.
C) increased investment the model predicts.
D) all of the above.
Correct Answer:
Verified
Q26: People might work more during a war
Q27: In the market clearing model a permanent
Q28: According to the market clearing model a
Q29: Since the end of the Korean war,
Q30: In the market clearing model without government
Q32: The real wage increase in the data
Q33: According to the market clearing model a
Q34: If a household's transfer payments less taxes
Q35: The model predicts that a temporary increase
Q36: If a household's transfer payments less taxes
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