Suppose that the government decreases its autonomous spending by $100 billion and also decreases its autonomous taxes by $100 billion. How would this affect the economy? Question 2 options: No effect on the level of GDP
Suppose that the government decreases its autonomous spending by $100 billion and also decreases its autonomous taxes by $100 billion. How would this affect the economy? Question 2 options: No effect on the level of GDP
Chapter11: Fiscal Policy
Section: Chapter Questions
Problem 1.6P
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