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NYC NYC
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8 years ago
If government purchases are decreased by $500 and taxes are decreased by $500, the equilibrium level of income will:
A) increase by $500.
B) not change.
C) decrease by $1,000
D) decrease by $500.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
Perfect answer, thank you
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