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    Macroeconomics Principles Applications and Tools
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    Exam 11: The Income-Expenditure Model
  5. Question
    -Refer to Table 11
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-Refer to Table 11

Question 97

Question 97

Multiple Choice

  -Refer to Table 11.6. If net taxes (T)  increases by $100, equilibrium output decreases by: A)  $50. B)  $200. C)  $0. D)  $100.
-Refer to Table 11.6. If net taxes (T) increases by $100, equilibrium output decreases by:


A) $50.
B) $200.
C) $0.
D) $100.

Correct Answer:

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