The Long-Run Effects of an Increase in Government Purchases Are

question 51

Multiple Choice

The long-run effects of an increase in government purchases are that interest rates will ____, inflation will ____, and real GDP will ____.

• A)decrease; decrease; remain unchanged
• B)increase; increase; remain unchanged
• C)remain unchanged; increase; remain unchanged
• D)increase; increase; increase
• E)decrease; increase; remain unchanged

---

Definitions:

Process Evaluation

An assessment focusing on the implementation process of a program, activity, or policy to understand how it operates and to identify areas for improvement.

Summative Evaluation

Systematic assessment at the conclusion of a course, program, or learning activity.

Impact Evaluation

A study to assess the changes that can be attributed to a particular intervention, such as a project, program, or policy, apart from other causes.

Group Evaluations

Assessments or reviews of the performance, progress, or dynamics of a collective group of individuals.