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Loanable Fund Model The government raises taxes by $100 billion. If the marginal propensity to consume is 0.6, what happens to the following? Do they

Loanable Fund Model The government raises taxes by $100 billion. If the marginal propensity to consume is 0.6, what happens to the following? Do they rise or fall? By what amounts? a. Public saving b . Private saving c. National saving d. Investment

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