The effect of an increase in the government budget deficit on the equilibrium level of GDP is essentially the same as a(n) :
A) Decrease in saving
B) Increase in saving
C) Decrease in consumption
D) Decrease in investment
Correct Answer:
Verified
Q84: A Federal budget deficit is financed by
Q85: The public debt is the:
A) Amount of
Q86: The following is budget information for a
Q87: Most economists believe that fiscal policy is:
A)
Q88: The United States is experiencing a recession
Q90: The following is budget information for a
Q91: If the crowding-out effect is at its
Q92: How is the public debt calculated?
A) By
Q93: There is general agreement among economists that
Q94: A budget surplus means that:
A) Government expenditures
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