According to the Traditional Keynesian Approach, If the Government Increases

question 74

Multiple Choice

According to the traditional Keynesian approach, if the government increases spending by $10 million and raises current taxes by $10 million at the same time, then

• A) real GDP will increase by $10 million.
• B) real GDP will decrease by $10 million.
• C) real GDP will decrease by more than $10 million.
• D) real GDP will remain the same.

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