Question
Consider the following two headlines appearing in the same day: BC Government plan to pay its residents a covid recovery benefit and increased gas prices
Consider the following two headlines appearing in the same day: "BC Government plan to pay its residents a covid recovery benefit" and "increased gas prices drive up transport costs for firms."
What will happen to government purchases, price level and Real GDP in BC in the short-run?
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Price Theory and Applications
Authors: Steven Landsburg
9th edition
1285423526, 978-1285947877, 1285947878, 978-1285423524
