Assume MPC = 0.85. If an initial fiscal restraint of $150 billion is desired, by how much must
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Mathematics, 23.04.2020 03:41 biancaadenisee2
Assume MPC = 0.85. If an initial fiscal restraint of $150 billion is desired, by how much must
a. Government spending be reduced?
billion
b. Taxes be raised?
billion
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Answers: 1
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