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Assume that the government wants to reduce GDP by $6 billion to reduce inflationary pressure. The MPC is 0.20 . By how much should the

Assume that the government wants toreduce GDP by $6 billionto reduce inflationary pressure. TheMPC is 0.20. By how much should thegovernment raise taxes to shift the AD curve leftwardand achieve its objective?

A.$24 billion

B.$12 billion

C.$10 billion

D.$64 billion

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