Tick the correct alternative(s), (more than one may be correct), or write your answer in the space provided. C, I, G are consumption, investment and government expenditures. Unless otherwise stated, assume the behavioural assumptions discussed in the lectures For all questions involving an exogenous change, assume that the only exogenous change is the one specified in the question. 1. G will change if the government (a) purchases more goods (b) increases old age pensions (c) sells off (the previously government owned) British Steel. 2. C will change if individuals (a) increase their saving (b) purchase more government bonds (c) purchase shares in British Steel (d) receive an increase in pensions 2