### If the government purchases increase, then the planned expenditure line: - remains the same. - is indeterminate. - shifts downward. - shifts upward.
Question
### If the government purchases increase, then the planned expenditure line:
- remains the same.
- is indeterminate.
- shifts downward.
- shifts upward.
🧐 Not the exact question you are looking for?Go ask a question
Solution 1
Shifts upward.
Here's why:
-
Government purchases are a component of a country's total planned expenditure. Other components include consumer spending, investment spending, and net exports.
-
When the government increases its purchases, it is essentially increasing its spending. This means t Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI
Similar Questions
0/0
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.