According to the model developed in Chapter 3, when government spending increases and taxes increase by an equal amount:
A) consumption and investment both increase.
B) consumption and investment both decrease.
C) consumption increases and investment decreases.
D) consumption decreases and investment increases.
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Home » Business » According to the model developed in Chapter 3, when government spending increases and taxes increase by an equal amount: A) consumption and investment both increase. B) consumption and investment both decrease.