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figure above to answer this question. If government spending is G1 and GDP is Y1, why won't a reduction in government spending by the size
figure above to answer this question. If government spending is G1 and GDP is Y1, why won't a reduction in government spending by the size of the budget deficit eliminate the deficit? Question 23 options: A) Because GDP and NTR will decrease as a result of the decrease in government spending. B) Because NTR will rise as a result of the decrease in government spending. C) Because GDP will rise as a result of the decrease in government spending. D) Because government spending is a function of income
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