The Ra M I Fic Ations of a Reduction in GDP

The ra m i fic ations of a reduction in GDP of for example) $10 billion incl u d e s

A) an immediate reduction in disposable income of about $5 billion.
B) some significant reduction in retained corporate earnings.
C) diminished tax collections by federal, state, and local governments.
D) a contraction of government services created by the fiscal austerity of state and local governments that must balance their budgets.
E) all of the above.