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Advanced Placement (AP), 04.03.2021 01:00 parisowl7900

AP Macroeconomics If government spending increases or personal income taxes decrease, what are the likely effects on output, price level, and interest rates?

Price Level / Output / Interest Rates

A. Increase / Increase / Increase
B. Increase / Increase / Decrease
C. Decrease / Increase / Decrease
D. Decrease / Decrease / Increase
E. Decrease / Decrease / Decrease

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