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Refer to the Information Provided in Figure 24

question 261

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Refer to the information provided in Figure 24.5 below to answer the question(s) that follow. Refer to the information provided in Figure 24.5 below to answer the question(s) that follow. Figure 24.5 -Refer to Figure 24.5. If the economy is in equilibrium and the government increases taxes by $50 billion, equilibrium aggregate output ________ to $________ billion. A) increases; 2,000 B) decreases; 1,550 C) decreases; 1,450 D) decreases; 1,400 Figure 24.5
-Refer to Figure 24.5. If the economy is in equilibrium and the government increases taxes by $50 billion, equilibrium aggregate output ________ to $________ billion.

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