An increase in government spending of $300 billion and a tax cut of $300 billion will have _____ effects on the budget balance and _____ effects on real GDP.
A) equal; equal
B) equal; unequal
C) unequal; equal
D) unequal; unequal
Correct Answer:
Verified
Q206: Which of the following fiscal policies would
Q207: When the unemployment rate increases, the budget:
A)is
Q208: If the government's revenues are less than
Q209: An increase in government transfer payments of
Q210: The cyclically adjusted budget balance refers to:
A)the
Q212: Changes in the budget balance:
A)can be the
Q213: Over the past few decades in the
Q214: Because of the role of automatic stabilizers
Q215: The cyclically adjusted budget deficit fluctuates _
Q216: The cyclically adjusted budget deficit:
A)is no different
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