Government Purchases Are Assumed to Be Autonomous Because They Are

question 4

Multiple Choice

Government purchases are assumed to be autonomous because they are

• A)independent of the price level
• B)independent of the level of real GDP
• C)independent of consumption
• D)independent of investment
• E)determined by the government independent of the desires of the households in the economy

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Definitions:

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An aspect of intelligence involving the capacity to ponder profound questions about life, existence, and the cosmos.

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Independent from known knowledge, the skill to apply logical thinking and resolve unfamiliar issues.

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