Business
Business, 23.11.2019 02:31, luis1581

If a government raises its expenditures by $50 billion and at the same time levies a lump-sum tax of $50 billion, the net effect on the economy will be
a. increase gdp by less than $50 billion.
b. increase gdp by more than $50 billion.
c. increase gdp by $50 billion.
d. make no change in gdp

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Answers: 2

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