Qualitatively, an increase in government purchases has the same impact as an increase in autonomous ________

A) consumption
B) investment
C) net exports
D) all of the above
E) none of the above

D

Economics

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Given a fixed nominal interest rate on a loan, unanticipated inflation:

a. decreases the burden of paying off the loan. b. increases the burden of paying off the loan. c. does not alter the burden of paying off the loan. d. benefits savers.

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Firms are encouraged by the profit motive to use inputs efficiently

a. True b. False Indicate whether the statement is true or false

Economics