Question: If MPC = 0.5, a simultaneous decrease in both taxes and government spending of $20 will? a. Decrease GDP by $20 b. Decrease GDP by

If MPC = 0.5, a simultaneous decrease in both taxes and government spending of $20 will? a. Decrease GDP by $20 b. Decrease GDP by $40 c. Increase GDP by $20 d. Increase GDP by $40

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