Question
When the government raises its purchases, the plannedexpenditure (PE) line shifts ________ and equilibrium output__________. downward; falls upward; rises upward; falls downward; rises
When the government raises its purchases, the plannedexpenditure (PE) line shifts ________ and equilibrium output__________.
downward; falls
upward; rises
upward; falls
downward; rises
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Economics of Money, Banking and Financial Markets
Authors: Frederic S. Mishkin
9th Edition
978-0321607751, 9780321599797, 321607759, 0321599799, 978-0321598905
