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Consider an economy in which the current level of income is $600b, the multiplier is 4, the marginal tax rate is 20%, the current budget
Consider an economy in which the current level of income is $600b, "the" multiplier is 4, the marginal tax rate is 20%, the current budget deficit is $30b.
As a result of this policy the budget deficit will become: a) less than or equal to $30bb) between $30b and $35b c) between $35b and $40bd) $40b or greater
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