Business, 26.03.2020 20:01 texassaint797

You are given the following information about aggregate demand at the existing price level for an economy: (1) consumption = $500 billion, (2) investment = $50 billion, (3) government purchases = $100 billion, and (4) net exports = $20 billion. If the full-employment level of GDP for this economy is $620 billion, then what combination of actions would be most consistent with closing the GDP-gap here? rev: 06_13_2018 Multiple Choice An increase in government purchases and taxes A decrease in government purchases and taxes A decrease in government purchases and an increase in taxes An increase in government purchases and a decrease in taxes

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