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This implies the ____ fiscal policy, becomes effective. expansionary, more expansionary, more contractionary, less contractionary, more contractionary, equally The government increases taxes by $100
This implies the ____ fiscal policy, becomes effective. expansionary, more expansionary, more contractionary, less contractionary, more contractionary, equally The government increases taxes by $100 million amidst low unemployment. Additionally, the marginal propensity to consume (MPC) is found to be higher than previously estimated.
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