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Business, 04.12.2019 02:31 badaxz

Choose the correct statement. a. the balanced budget multiplier is the magnification effect on aggregate demand of a simultaneous increase in aggregate demand and an equal decrease in taxes. b. when both government expenditure and taxes decrease by $1, aggregate demand decreases. c. the balanced budget multiplier is positive because an increase in government expenditure increases disposable income. d. the balanced budget multiplier is equal to zero.

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