Advanced Placement (AP), 30.10.2020 16:50 DWilson1234

Please help 1. Calculate the result of an increase in consumption of $20B on the GDPr if the MPS is .25.
2. Assume Americans spend eighty cents of each dollar of disposable income. Calculate the result of an
increase in taxes of $50M on the GDPr.
3. Calculate the result of a $100B decrease in taxes on consumption and GDPr if the MPC is 2.

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