Multiple Choice
Below is some data for a hypothetical economy:
-Refer to the information above to answer this question.If government decreased both its spending and taxes by $45,how would equilibrium GDP change?
A) It would increase by $60.
B) It would decrease by $60.
C) It would increase by $30.
D) It would decrease by $30.
Correct Answer:

Verified
Correct Answer:
Verified
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