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In an open economy with a fixed exchange rate the mpm is 0, the mpc is 0,5 and the marginal income tax rate is 0,2
In an open economy with a fixed exchange rate the mpm is 0, the mpc is 0,5 and the marginal income tax rate is 0,2 The budget deficit in equilibrium is observed to increase by 14 (......) 1. What amount of change in autonomous net exports would account for this? ...) 2. What amount of change in government purchases would account for this
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