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If taxes were cut by $1 trillion and the MPC was 0.80, by how much would total spending Instructions: Round your responses to two decimal

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If taxes were cut by $1 trillion and the MPC was 0.80, by how much would total spending Instructions: Round your responses to two decimal places. a. increase in the first year with two spending cycles per year? trillion b. increase over three years, with two spending cycles per year? trillion c. increase over an infinite time period per year? $ trillion

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