In the short run, an increase in government expenditure will...
I. shift the aggregate demand curve rightward
II. increase real GDP
III. increase the government expenditure multiplier
IV. increase the tax multiplier
a) I & II
b) I & III
c) I, II, & III
d) III & IV
a) I & II
Economics
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The Sarbanes-Oxley Act was passed in response to the 2007-2009 financial crisis
Indicate whether the statement is true or false
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Everything that consumers purchase during a period is included as part of consumption when calculating GDP
a. True b. False
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A. cyclical B. frictional C. structural D. seasonal
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What will be an ideal response?
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