Question: Consider the formula: GDP = C + I + G + (X - M) A country has a 5 billion increase in government spending,

Consider the formula: GDP = C + I + G + (X - M) A country has a 5 billion increase in government spending, with a 5 billion increase in personal consumption. Assuming nothing else has changed, what happened to GDP? GDP rose by 5 billion GDP declined by 5 billion GDP rose by 10 billion

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