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the effect of gorvt spending in national income euation is to .... options : increase govt expenditure incraese national income incraese govt debt make is citizen crazy

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

ChapterD: The Expenditure-output Model

Section: Chapter Questions

Problem 24CTQ: Exercise D24 Compare two policies: a tax cut on income or an increase in government spending on...

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the effect of gorvt spending in national income euation is to ....

options :

increase govt expenditure
incraese national income
incraese govt debt
make is citizen crazy

Definition Definition Monetary value of all goods and services produced in an economy during a financial year. National income also refers to the total income earned by the factors of production during a financial year.

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