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Suppose the government increases taxes by $12 120 billion and the marginal propensity to consume is 0.9 90. By how will equilibrium GDPchange? The change
Suppose the government increases taxes by $12
120 billion and the marginal propensity to consume is 0.9
90. By how will equilibrium GDPchange?
The change in equilibrium GDPis: $
nothing
billion.
(Round your solution to one decimal place and include the minus sign ifnecessary.)
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