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Business, 19.08.2019 22:30 genyjoannerubiera

An economy is experiencing a high rate of inflation. the government wants to reduce consumption by $36 billion to reduce inflationary pressure. the mpc is .75. by how much should the government raise taxes to achieve its objective? 
a. $6 billion
b. $9 billion
c. $12 billion
d. $16 billion

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