Which of the following is not likely to be a government objective?
Increasing employment
Increasing economic growth
Increasing government spending
Increasing the level of exports
Increasing government spending is not an objective in itself although it may be necessary to achieve its other objectives.
To alleviate poverty, the government can either target GDP growth or increase spending in social sectors. State true or false.
Government spending had to increase as part of IMF conditionalities.
What will happen to the income levels in the following situations? Explain:
(a) When MPC rises
(b) When inventory levels accumulate
(c ) When AD level increases due to change in government spending