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If the MPC in an economy is 0.50, government could close a recessionary expenditure gap of $10 billion by cutting taxes by Multiple Choice $20

If the MPC in an economy is 0.50, government could close a recessionary expenditure gap of $10 billion by cutting taxes by

Multiple Choice

  • $20 billion.
  • $10 billion.
  • $50 billion.
  • $5 billion.

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