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6 Oct 2020
Equal increase in government spending and taxes will
a. cancel each other out so that the equilibrium level of real GDP remains unchanged.
b. lead to an equal decrease in the equilibrium level of real GDP.
c. lead to an equal increase in the equilibrium level of real GDP.
d. lead an increase in the equilibrium level of change in government spending and taxes.
Equal increase in government spending and taxes will
a. cancel each other out so that the equilibrium level of real GDP remains unchanged.
b. lead to an equal decrease in the equilibrium level of real GDP.
c. lead to an equal increase in the equilibrium level of real GDP.
d. lead an increase in the equilibrium level of change in government spending and taxes.
Anne Gillian DueroLv10
5 Nov 2020
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