Asked by
Ashley Dominguez
on Nov 03, 2024
Verified
Changes in overall government spending have a macroeconomic effect.
Macroeconomic Effect
Refers to the large-scale impacts on an economy, including changes in inflation, unemployment, gross domestic product, and national income.
- Understand the significance and consequences of governmental fiscal policies in the context of macroeconomics.
Verified Answer
SG
Learning Objectives
- Understand the significance and consequences of governmental fiscal policies in the context of macroeconomics.
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