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The questions are as follows QUESTION 3 Suppose the government raises taxes by $100 billion. If the marginal propensity to consume is 0.7, how do

The questions are as follows

QUESTION 3 Suppose the government raises taxes by $100 billion. If the marginal propensity to consume is 0.7, how do the following change? a. Private saving b. Public saving C. National saving d. Investment Please show all your work

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