Will aggregate output rise or fall if an increase in autonomous consumer expenditure is matched by an

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Will aggregate output rise or fall if an increase in autonomous consumer expenditure is matched by an equal increase in taxes?

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Economics of Money, Banking and Financial Markets

ISBN: 978-0321598905

9th Edition

Authors: Frederic S. Mishkin

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Question Posted: Aug 12, 2012 04:32 AM

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If an increase in autonomous consumer expenditure is matched by an equal increase in taxes, will aggregate output rise or fall?
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Will aggregate output rise or fall if an increase in autonomous consumer expenditure is matched by an

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Rise The fall in autonomous spending from an increase in taxes is always less ...View the full answer

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