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Social Studies, 12.10.2019 13:20 gamer67respress
Suppose the mpc of a country is 0.72 and the government reduces taxes by $20 billion to stimulate the economy. how much of the tax reduction is likely to go into increased spending?
a. $27.8 billion b. $20 billion c. $7.6 billion d. $14.4 billion e. $52.6 billion'
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Suppose the mpc of a country is 0.72 and the government reduces taxes by $20 billion to stimulate th...
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