Why will real GDP tend to rise when government spending and taxes rise by the same amount?

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Economics

ISBN: 9781032046723

9th Edition

Authors: William Boyes, Michael Melvin

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Question Posted: Apr 23, 2024 02:01 AM

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Why will real GDP tend to rise when government spending and taxes rise by the same amount?

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When government spending and taxes rise by the same amount it can lead to an increase in real GDP du...View the full answer

Economics

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