^{Let taxes be set equal to}^T⁼^T0 ⁺^tY,^{consumption given}^by A) It would increase by $10 billion. B) It would increase by more than $10 billion. C) It would increase less than $10 billion. D) It would be unaffected, since the federal deficit would be unchanged. E) It would increase by more or less than $10 billion depending on the values assumed by a, b, and t.

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The Answer of ^{Let taxes be set equal to}^T⁼^T0 ⁺^tY,^{consumption given}^by A) It would increase by $10 billion. B) It would increase by more than $10 billion. C) It would increase less than $10 billion. D) It would be unaffected, since the federal deficit would be unchanged. E) It would increase by more or less than $10 billion depending on the values assumed by a, b, and t.

Let Taxes Be Set Equal to T = T0

^{Let Taxes Be Set Equal to}^T⁼^T0