Business, 02.06.2020 15:57 madisonsolis05

Consider the following statement.
"When unemployment is present, an increase in government spending will tend to increase aggregate demand and real output by a larger amount than the initial increase in government spending."
Complete the following statement.
This statement is because an expansionary fiscal policy will cause the total increase in aggregate demand to be the initial increase in aggregate demand due to the multiplier process.

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Consider the following statement.
"When unemployment is present, an increase in government spe...

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