Advanced Placement (AP), 04.03.2021 01:00 parisowl7900
AP Macroeconomics
If government spending increases or personal income taxes decrease, what are the likely effects on output, price level, and interest rates?
Price Level / Output / Interest Rates
A. Increase / Increase / Increase
B. Increase / Increase / Decrease
C. Decrease / Increase / Decrease
D. Decrease / Decrease / Increase
E. Decrease / Decrease / Decrease
Answers: 1
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AP Macroeconomics
If government spending increases or personal income taxes decrease, what are the...
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