Answer
c. $100 billion increase in government spending
Work Step by Step
Traditional Keynesian analysis shows that increases in government purchases are a stronger tool than decreases in taxes.
Principles of Economics, 7th Edition
by Mankiw, N. Gregory
Published by
South-Western College
ISBN 10:
128516587X
ISBN 13:
978-1-28516-587-5
Chapter 36 - Part XIII - Six Debates over Macroeconomic Policy - Quick Check Multiple Choice - Page 815: 2
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