Question
1.If government spending multiplier is 4 and government spending decreases by $50 billion, output will _____________ by $ ______________ billion. A)Increase; 200 B)Decrease; 200 C)Decrease;
1.If government spending multiplier is 4 and government spending decreases by $50 billion, output will _____________ by $ ______________ billion.
A)Increase; 200
B)Decrease; 200
C)Decrease; 50
D)Decrease; 100
which is the correct answer
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Principles Of Financial Accounting
Authors: John J Wild, Ken W Shaw, Barbara Chiappetta
22nd Edition
0077632893, 9780077632892
