Business, 20.07.2020 01:01 jeterboi

The fictional school: Oakland Community College increases the income tax rate so that tax revenues increase by $70 million. Government spending also increases by $70 million and consumption falls by $10 million. If GDP remains the same and Oakland Community College is a closed economy, then investment a. increases by $140 million. b. increases by $70 million. c. decreases by $60 million. d. decreases by $80 million.

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The fictional school: Oakland Community College increases the income tax rate so that tax revenues i...

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