The effect of an increase in the government budget deficit on the equilibrium level of GDP is essentially the same as a(n):

A. Decrease in saving

B. Increase in saving

C. Decrease in consumption

D. Decrease in investment

A. Decrease in saving

Economics

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Refer to the above table. How many workers will this firm hire if the weekly wage rate is $770?

A) 26 B) 27 C) 28 D) 29

Economics

In the long run, a monopolistically competitive firm will find

a. its demand curve shifting until price equals average total cost b. its cost curve shifting until price equals average total cost c. its demand curve shifting until marginal revenue equals marginal cost d. its cost curve shifting until marginal revenue equals marginal cost e. no changes in its demand or cost curves if it is earning an economic profit

Economics