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Question 6 of 10 Attempt 1 of 2 An economy has an RGDP $50 above the full-employment level. lfthe MP0 is 0.5, what kind of
Question 6 of 10 Attempt 1 of 2 An economy has an RGDP $50 above the full-employment level. lfthe MP0 is 0.5, what kind of "balanced budget" change would be needed to return to long-run equilibrium? Assume that you are on the Keynesian portion of the AS curve. 0 A. A cut of approximately $10 in both taxes and spending 0 B. A cut of exactly $100 in both taxes and spending 0 C. A cut of at least $50 in both taxes and spending 0 D. A cut of slightly under $50 in both taxes and spending
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