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If the MPC in an economy is 0.80, government could close a recessionary expenditure gap of $200 billion by cutting taxes by Multiple Choice $250

If the MPC in an economy is 0.80, government could close a recessionary expenditure gap of $200 billion by cutting taxes by

Multiple Choice

  • $250 billion.
  • $200 billion.
  • $20 billion.
  • $160 billion.

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