In the classical model, a temporary decrease in government spending would cause a decrease in
A) output, the real interest rate, real wages, and the price level.
B) employment, the real interest rate, real wages, and the price level.
C) output, employment, the real interest rate, and the price level.
D) output, employment, real wages, and the price level.
C
Economics
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Since 1990, the growth rate of real gross private investment in the United States has been relatively ________ and the growth rate of real personal consumption has been relatively ________
A) stable; stable B) stable; volatile C) volatile; stable D) volatile; volatile
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Intellectual property is
a. a special form of capital b. a type of labor c. a special type of service d. cheap to produce, but expensive to transmit e. a kind of entrepreneurial ability
Economics