Question: A tax cut that reduces consumption will cause Multiple Choice : 2 8 : 3 8 a decrease in real GDP and an increase in
A tax cut that reduces consumption will cause
Multiple Choice
::
a decrease in real GDP and an increase in the price level.
a decrease in both shortrun real GDP and the price level.
an increase in real GDP and a decrease in the price level.
an increase in both shortrun real GDP and the price level.
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