In the Short Run, a Decrease in Government Expenditure ________

question 88

Multiple Choice

In the short run, a decrease in government expenditure ________ real GDP and ________ the price level.

• A) increases; increases
• B) increases; decreases
• C) decreases; increases
• D) decreases; decreases

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Definitions:

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Environmental Studies

An interdisciplinary academic field that focuses on understanding and solving environmental problems through the integration of physical, biological, and information sciences.

Portfolio Cover Letter

An introductory letter accompanying a portfolio, summarizing the contents and highlighting the relevance and strengths of the work presented.

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