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I missed this question on a test, can you help me with the correct answer? If the government cuts taxes by 10 billion dollars and
I missed this question on a test, can you help me with the correct answer?
If the government cuts taxes by 10 billion dollars and cuts spending by the same amount, RGDP will
1)decrease by $10 billion.
2) increase by $10 billion.
3) remain the same.
4) increase by some amount less than $10 billion.
5) decrease by some amount less than $10 billion.
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