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The government of Country Z raised government spending by $20 billion. This caused total incomes and spending to increase by $52 billion. If the net
The government of Country Z raised government spending by $20 billion. This caused total incomes and spending to increase by $52 billion. If the net tax rate is 30%, the marginal propensity to save is closest to: A. 0.12 B. 0.62 C. 0.88
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