\(G = (V,E)\) is good if and only if \(G\) is a connected bipartite graph.

For \(S \subseteq V\), let \(f(S)\) be the number of ways to remove some edges from \(G[S]\), the subgraph induced in \(G\) by \(S\), so that the resulting graph \(G[S]^{\prime}\) is a connected bipartite graph. We are done if we can find \(f(V)\), but it is hard to compute \(f\) directly, so let us introduce a supplementary function.

For \(S \subseteq V\), let \(g(S)\) be the sum of the number of ways to paint \(G[S]^{\prime}\) using two colors over all graphs \(G[S]^{\prime}\) that can result from removing some edges in \(G[S]\), the subgraph induced in \(G\) by \(S\).

We can compute \(g\) by finding the number of ways to paint the vertices black, white, or grey and then remove edges so that every remaining edge connects a black vertex and a white vertex. \(f(S)\) can be found by subtracting from \(g(S)\) the number of the colorings where \(S\) is disconnected, then dividing the result by \(2\).

We can compute \(f\) in the order from the empty set to \(V\). When properly implemented, it takes \(O(2^N M + 3^N)\) time, which is fast enough.