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HW Assignment #10 Fiscal Policy Calculate and graph what happens to G, AD, GDP, and Prices if the government increases government spending by 100 billion
HW Assignment #10 Fiscal Policy Calculate and graph what happens to G, AD, GDP, and Prices if the government increases government spending by 100 billion and the MPC : .80. Calculate and graph what happens to T, C, AD, GDP, and Prices if the President raises taxes by 100 billion and the MPC : .80. Calculate and graph what happens to AD, GDP and Prices if the government raises both taxes and government spending by 200 billion and the MPC is equal to .75
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