According to Keynesian analysis, if government expenditures and taxes are increased by the same amount, which of the following will occur?
A) Aggregate supply will decrease
B) Aggregate supply will increase
C) Aggregate demand will be unaffected
D) Aggregate demand will decrease
E) Aggregate demand will increase
Answer: E) Aggregate demand will increase
Economics
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The purchase of an airplane produced in the United States by the government of Thailand is included in
A) U.S. imports. B) U.S. government purchases. C) U.S. exports. D) Thailand government exports.
Economics
A game in which each player has a dominant strategy of defecting, and each ends up worse off than if they had both cooperated, is called a ________ game
Fill in the blank(s) with correct word
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