An increase in government spending of $300 billion and a tax cut of $300 billion will have _____ effects on the budget balance a

Question

MaRussiya [10]

4 years ago

10

An increase in government spending of $300 billion and a tax cut of $300 billion will have _____ effects on the budget balance a

nd _____ effects on real gdp.

Business

1 answer:

worty [1.4K] · Answer 1 · 2022-02-06T01:50:29+03:00

worty [1.4K]4 years ago

4 0

An increase in government spending of $300 billion and a tax cut of $300 billion will have equal effects on the budget balance and unequal effects on real Gross Domestic Product (GDP). Expansionary will be the effect of a government deficit.