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Also state the tax multiplier formula. Thanks E. How will equilibrium GDP change if G increases by 100, and what is the new equilibrium level

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Also state the tax multiplier formula. Thanks

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E. How will equilibrium GDP change if G increases by 100, and what is the new equilibrium level of GDP? (4 points) F. How will equilibrium GDP change if G and T both increase by 500, and what is the new equilibrium level of GDP? (3 points)

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