Which of the Following Will Not Increase Equilibrium Output in the Short

question 41

Multiple Choice

Which of the following will not increase equilibrium output in the short run?

• A)increases in R&D
• B)increases in consumer confidence
• C)increases in investment demand
• D)increases in government spending
• E) decreases in taxes

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Definitions:

Government-Wide Financial Statements

Comprehensive financial reports that present the financial position and the results of operations of all governmental activities and entities as a single entity.

Reporting Period

A specific duration of time for which financial activities and performance are recorded and reported.

Governmental Funds

Categories of funds used by governments to account for financial resources devoted to specific purposes other than business-type activities.

Current Financial Resources

Refers to the liquid assets available to a company for use in its immediate or short-term operations, including cash and other assets that can be quickly converted into cash.