2. In a closed economy, if the government wants to contract aggregate demand, it can_government purchases or_taxes.

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2. In a closed economy, if the government wants to contract aggregate demand, it can_____government purchases or_____taxes.

a. increase, increase

b. increase, decrease

c. decrease, increase

d. decrease, decrease

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Principles Of Macroeconomics

ISBN: 9780176591977

7th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

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Question Posted: Sep 28, 2024 07:03 AM

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2. In a closed economy, if the government wants to contract aggregate demand, it can_____government purchases or_____taxes.

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Principles Of Macroeconomics

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2. In a closed economy, if the government wants to contract aggregate demand, it can_government purchases or_taxes.