=+case, state the direction of the change and give a formula for the size of the impact.

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=+case, state the direction of the change and give a formula for the size of the impact.

a. An increase in government purchases

b. An increase in taxes

c. Equal-sized increases in both government purchases and taxes

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Macroeconomics

ISBN: 9781429240024

8th Edition

Authors: N Gregory Mankiw

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