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Business, 19.03.2021 02:40 xmanavongrove55

g Suppose a closed economy with no government spending which in equilibrium is producing an output and income of 1900. Suppose also that the marginal propensity to consume is 0.75, and that, if at full employment, the economy would produce an output and income of 3150 By how much would the government need to cut taxes (T) to bring the economy to full employment

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