An Increase in Government Purchases Must Always Be Accompanied by an Increase

question 73

True/False

An increase in government purchases must always be accompanied by an increase in autonomous net taxes to boost aggregate demand.

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Definitions:

Probability of Success

The likelihood or chance of an event or endeavor achieving its intended outcome or goal.

Probability of Failure

This refers to the likelihood that a system or component will fail to perform its intended function within a specified period.

Doomsday Machine

A hypothetical construct, often used in discussions of nuclear strategy, that can automatically trigger an annihilating response if a nation is attacked.

Preemptive Nuclear Attack

A nuclear strike launched with the belief that an enemy is about to carry out a nuclear attack.