=+8. The government raises taxes by $100 billion. If the marginal propensity to consume is 0.6, what

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=+8. The government raises taxes by $100 billion. If the marginal propensity to consume is 0.6, what happens to the following? Do they rise or fall?

By what amounts?

a. Public saving

b. Private saving

c. National saving

d. Investment

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Macroeconomics

ISBN: 9781429240024

8th Edition

Authors: N Gregory Mankiw

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Question Posted: Sep 28, 2024 09:01 AM

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=+8. The government raises taxes by $100 billion. If the marginal propensity to consume is 0.6, what

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Macroeconomics

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