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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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