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Q. Equal increases in government purchases also taxes will:

A. increases the equilibrium GDP also the size of that increase varies directly with the size of the MPC.

B. increases the equilibrium GDP also the size of that increase is independent of the size of the MPC.

C. increases the equilibrium GDP also the size of that increase varies inversely with the size of the MPC.

D. decreases the equilibrium GDP also the size of that decrease is independent of the size of the MPC.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9170744

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