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If the MPC in an economy is 0.75, government could close a recessionary expenditure gap of $300 billion by cutting taxes by Multiple Choice $400

If the MPC in an economy is 0.75, government could close a recessionary expenditure gap of $300 billion by cutting taxes by

Multiple Choice

$400 billion.
$300 billion.
$75 billion.
$225 billion.

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