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Please answer question showing full workout Assume that the marginal propensity to consume 1s 0.90. As a result of an increase in the tax rates,

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Please answer question showing full workout

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Assume that the marginal propensity to consume 1s 0.90. As a result of an increase in the tax rates, the government collects an additional $20 million. What will be the impact on gross domestic product (GDP)

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