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Assuming that crowding out is not an issue, if Congress increases business taxes at the same time that the Federal Reserve conducts an open market

Assuming that crowding out is not an issue, if Congress increases business taxes at the same time that the Federal Reserve conducts an open market sale, output and price level are likely to change in which of the following ways?

Output / Price Level

a.Increase / Decrease

b.Decrease / Increase

c.Indeterminate / Decrease

d.Decrease / Indeterminate

e.Decrease / Decrease

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