In the long run,what effect will a decrease in government purchases have?
A) decrease real output
B) shift LRAS to the left
C) increase unemployment
D) decrease the price level
Correct Answer:
Verified
Q71: What will be the impact on AD
Q72: What will be the impact on AD
Q73: Figure 10-2 Q74: Figure 10-2 Q75: What is the primary benefit of the Q77: How did Canada's Economic Action Plan (2009)effect Q78: When the economy is at or near Q79: In a short run,which of the following Q80: During a recession,total welfare payments and employment Q81: Which of the following statements about automatic
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents