Business, 01.07.2020 17:01, shannydouglas

g Assume that the multiplier in the Chinese economy is 3 and autonomous investment expenditures increase by $100. The Chinese government has a budget deficit of $100 and the income tax rate is 30 percent. The increase in autonomous investment expenditures will:Group of answer choices increase equilibrium income by $300 and cause the budget deficit to decrease by $90.increase equilibrium income by $300 and cause the budget deficit to increase by $100.increase equilibrium income by $300 and cause the budget deficit to decrease by $100.increase equilibrium income by $300 and cause the budget deficit to increase by $90.

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g Assume that the multiplier in the Chinese economy is 3 and autonomous investment expenditures incr...