NOMICS Dashboard / My courses / ECON 102 (LEC B4 Winter 2023) / General / Final exam. 102 B4 Time left 1:11:05 Question 37 Consider an economy with the following aggregate expenditure (AE) equation: AE=100+0.75 Y Not yet answered Suppose the potential GDP=550 , to close the output gap that might exists, the government should change its taxes by how much? [ Assume Marked out of that the government uses only lump-sum taxes] 1.00 Flag O a. Increase T by 40 cross out question O b. Decrease T by 50 cross out O c. Increase T by 25 cross out O d. Decrease T by 150 cross ou O e. None of the above cross o Last saved at 10:08:50 Next Save Progress Previous page