Assume the US economy is currently in equilibrium. What would happen to equilibrium in the American...

 

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Assume the US economy is currently in equilibrium. What would happen to equilibrium in the American economy if the government partially subsidized the production of American cars? Real GDP and price-level both decrease O Real GDP falls, price-level rises O Real GDP rises, price-level fails O Real GDP and price-level both increase Assume the US economy is currently in equilibrium. What would happen to equilibrium in the American economy if the government partially subsidized the production of American cars? Real GDP and price-level both decrease O Real GDP falls, price-level rises O Real GDP rises, price-level fails O Real GDP and price-level both increase

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Answer The correct option is A The correct an... View the full answer