Suppose the federal government wishes to purchase goods and services valued at $200 billion today and finances these expenditures by raising taxes. according to some economists, this will lead to ▼ a lower a higher level of national consumption and ▼ a lower a higher level of national savings than if the expenditure had been financed by selling bonds left parenthesis borrowing right parenthesis. if the economy is operating at full employment and the federal government increases its borrowing, a. aggregate expenditures and real gdp will rise more rapidly. b. taxes will be raised immediately. c. the tax burden on future generations will be lessened. d. investment will be crowded out.

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

Ithink the answer is did a.