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Consider a simple economy where Y = C(Y,T) + I + G. What is the effect when there is an equal and simultaneous decrease in
Consider a simple economy where Y = C(Y,T) + I + G. What is the effect when there is an equal and simultaneous decrease in G and T? Group of answer choices No change in output A decrease in output An increase in disposable income A decrease in disposable income
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
