If MPC = 2/3 (and there are no income taxes but only lump-sum taxes) when Tis cut by 120, then the IS curve for any
If MPC = 2/3 (and there are no income taxes but only lump-sum taxes) when Tis cut by 120, then the IS curve for any given interest rate shifts to the ,,,,,,,,,,,,.... by O left, 240 left, 300 O right, 300 O right, 240
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