Business
Business, 25.12.2019 06:31, greyxxamber

According to the model developed in chapter 3, when government spending increases and taxes increase by an equal amount:

a) consumption and investment both increase.
b) consumption and investment both decrease.
c) consumption increases and investment decreases.
d) consumption decreases and investment increases.

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Answers: 3

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According to the model developed in chapter 3, when government spending increases and taxes increase...

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