Changes in government spending are not likely causes of business cycles because changes in government spending predict
A) countercyclical real wages.
B) procyclical real wages.
C) countercyclical employment.
D) procyclical employment.
Correct Answer:
Verified
Q48: An increase in government spending
A) increases consumption
Q49: An increase in government spending shifts the
Q50: In response to an increase in total
Q51: An increase in government spending
A) increases consumption,
Q52: Which feature of the business cycle does
Q54: Proportional income taxation is distorting because
A) people
Q55: A one-unit increase in government expenditures should,according
Q56: An increase in total factor productivity shifts
Q57: Changes in total factor productivity are plausible
Q58: Changes in government spending are not likely
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