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If the MPC is 0.5, how would the effect of a $1 million change in taxes compare with the effect of a $1 million change
If the MPC is 0.5, how would the effect of a $1 million change in taxes compare with the effect of a $1 million change in government spending?
a. both changes would have the same effectb. the tax change would have half the effect of the spending changec. the tax change would have double the effect of the spending change
d. the tax change would have triple the effect of the spending change
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