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For this question, you should draw the AS/AD diagram on your own paper, and use your diagram to find the answer. What happens to GDP
For this question, you should draw the AS/AD diagram on your own paper, and use your diagram to find the answer. What happens to GDP deflator and real GDP if there is a decrease in government spending? You may assume the decrease in government buying does not cause an increase in buying by anyone else. Group of answer choices GDP deflator and real GDP both fall. GDP deflator rises and real GDP falls. GDP deflator and real GDP both rise. GDP deflator falls and real GDP rises
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