Changes in government spending are not likely causes of business cycles because changes in government spending predict
A) countercyclical consumption.
B) procyclical consumption.
C) countercyclical employment.
D) procyclical employment.
Correct Answer:
Verified
Q53: Changes in government spending are not likely
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
Q59: Real business cycle theory argues that the
Q60: Suppose total factor productivity increases. Which of
Q61: In the model of public goods
A) government
Q62: If public goods can be produced more
Q63: In the model of public goods
A) GDP
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