Advanced Placement (AP), 16.04.2020 18:33 hannahelisabeth19

If MPC = 0.80, then calculate the effect of a $150 billion increase in federal income taxes on
aggregate demand?

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If MPC = 0.80, then calculate the effect of a $150 billion increase in federal income taxes on aggregate demand?

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Another question on Advanced Placement (AP)

If MPC = 0.80, then calculate the effect of a $150 billion increase in federal income taxes on
aggregate demand?