According to the Real Business Cycle, an increase in government spending Increases both price and output Increases price
Posted: Thu May 19, 2022 10:07 am
According to the Real Business Cycle, an increase in government
spending
Increases both price and output
Increases price without any effect on output
Increases output without any effect on price
Shifts the long-run supply to the right
spending
Increases both price and output
Increases price without any effect on output
Increases output without any effect on price
Shifts the long-run supply to the right