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2- Expansionary Policy LEARNING OBJECTIVE: Identify the tools involved in expansionary policy. The marginal propensity to consume (MPC) is a.) the amount of savings that
2- Expansionary Policy LEARNING OBJECTIVE: Identify the tools involved in expansionary policy. The marginal propensity to consume (MPC) is a.) the amount of savings that occurs as a result of a tax increase ( b.) the total expenditures in the economy c.) total expenditures minus savings in an economy ( d.) the amount of additional income spent in the economy
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