Question
If the MPC in an economy is 0.75, government could shift the aggregate demand curve rightward by $36 billion by a) decreasing taxes by $12
If the MPC in an economy is 0.75, government could shift the aggregate demand curve rightward by $36 billion by
a) decreasing taxes by $12 billion.
b) increasing government spending by $12 billion.
c) increasing government spending by $27 billion.
d) decreasing taxes by $36 billion.
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International Business Competing in the Global Marketplace
Authors: Charles W. L. Hill
11th edition
1259578119, 978-1259578113
