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    Exam 11: The Income-Expenditure Model
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    If Both Government Spending and Taxes Increase by an Equal
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If Both Government Spending and Taxes Increase by an Equal

Question 75

Question 75

Multiple Choice

If both government spending and taxes increase by an equal amount at the same time, GDP will:


A) decrease.
B) remain the same.
C) increase.
D) none of the above are true, it is impossible to say.

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