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-Refer to the Figure Above to Answer This Question

question 74

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  -Refer to the figure above to answer this question.What is most likely to happen if the level of GDP is Y<sub>1</sub> and the government reduces its spending from G<sub>1</sub> to G<sub>2</sub> in an attempt to balance its budget? A) The budget would be balanced at the new GDP level Y<sub>2</sub>. B) GDP would remain at Y<sub>1</sub>,but the budget would be in deficit. C) GDP would be Y<sub>2</sub>,and the budget would be in deficit. D) GDP would be Y<sub>2</sub>,and the budget would be in surplus.
-Refer to the figure above to answer this question.What is most likely to happen if the level of GDP is Y1 and the government reduces its spending from G1 to G2 in an attempt to balance its budget?


Definitions:

Parenteral Nutrition

A technique which involves supplying nutrients directly into the bloodstream via an intravenous solution, avoiding the gastrointestinal tract altogether.

Blood Glucose Monitoring

The process of testing the concentration of glucose in the blood, crucial for managing diabetes and ensuring optimal blood sugar levels.

Refrigerated

The state of being kept cool in a fridge to preserve freshness or prevent spoilage.

Intravenous Medications

Drugs delivered directly into the bloodstream via a vein to achieve rapid and efficient absorption and action.

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