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If the MPS in an economy is 0.2, government could shift the aggregate demand curve leftward by $20 billion by reducing government expenditures by $4
- If the MPS in an economy is 0.2, government could shift the aggregate demand curve leftward by $20 billion by
- reducing government expenditures by $4 billion.
- reducing government expenditures by $100 billion.
- increasing taxes by $20 billion.
- increasing taxes by $200 billion.
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College Mathematics for Business Economics Life Sciences and Social Sciences
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
12th edition
321614003, 978-0321614001
