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Refer to the Information Provided in Figure 9

Question 176

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Refer to the information provided in Figure 9.5 below to answer the questions that follow. Refer to the information provided in Figure 9.5 below to answer the questions that follow.   Figure 9.5 -Refer to Figure 9.5. If the economy is in equilibrium and the government increases spending by $100 billion and increases taxes by $100 billion, equilibrium aggregate output A)  does not change. B)  increases by $100 billion. C)  increases by less than $100 billion. D)  increases by more than $100 billion. Figure 9.5
-Refer to Figure 9.5. If the economy is in equilibrium and the government increases spending by $100 billion and increases taxes by $100 billion, equilibrium aggregate output


A) does not change.
B) increases by $100 billion.
C) increases by less than $100 billion.
D) increases by more than $100 billion.

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