In an attempt to offset debt accumulated during the covid crisis, the Nigerian government passes long-lerm fiscal austerity measures (a reduction in government expenditure). This fiscal action would cause domestic national savings to increase domestic national savings to decrease domestic firm investment to increase domestic firm investment to decrease O 0 0 O

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter18: Six Debates Over Macroeconomic Policy
Section18.5: Should The Government Balance Its Budget?
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In an attempt to offset debt accumulated during the covid crisis, the Nigerian government passes long-term fiscal austerity measures (a reduction in government expenditure). This fiscal action would
cause
domestic national savings to increase
domestic national savings to decrease
domestic firm investment to increase
O domestic firm investment to decrease
O O
Transcribed Image Text:In an attempt to offset debt accumulated during the covid crisis, the Nigerian government passes long-term fiscal austerity measures (a reduction in government expenditure). This fiscal action would cause domestic national savings to increase domestic national savings to decrease domestic firm investment to increase O domestic firm investment to decrease O O
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