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In an economy, b = 0.8 and m = 0.2.Using expenditure, G, as its policy tool, the government of this economy was successful to expend
In an economy, b = 0.8 and m = 0.2.Using expenditure, G, as its policy tool, the government of this economy was successful to expend the economy by twice the amount of G.Assuming prices are constant, the personal income tax rate, t,of this economy must be _____%.
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