An Increase in Government Expenditures Will Shift the Aggregate Expenditures

question 88

Multiple Choice

An increase in government expenditures will shift the aggregate expenditures schedule ____ and ____ the equilibrium GDP.

• A)upward; raise
• B)downward; raise
• C)downward; lower
• D)upward; lower

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Definitions:

Proposition

A declarative sentence that can be either true or false, expressing a fact or a statement.

Logic

The study of principles of valid reasoning and argument.

Statement

An assertion or declaration, either oral or written, that conveys information, opinions, or beliefs.

Subject

In philosophy, it refers to the entity that is the observer or experiencer of perceptions and thoughts.