The graph shows the aggregate demand curve and the aggregate supply curve for an economy. Draw an aggregate demand curve that shows the effect of a $100 billion decrease in taxes. Label it AD Subscript 1. Question content area bottom left Part 1 How is the magnitude of the tax multiplier calculated? The magnitude of the tax multiplier is equal to _______. A. the magnitude of the government expenditure multiplier divided by the marginal propensity to consume B. the marginal propensity to consume multiplied by the magnitude of the government expenditure multiplier C. 1 D. an amount greater than the government expenditure multiplier