Business, 01.08.2020 18:01 lindseybug
If the MPC is 0.80, all taxes are lump-sum taxes, and the equilibrium GDP is $25 billion below the full-employment GDP, then the size of the recessionary expenditure gap is Multiple Choice $2 billion. $5 billion. $4 billion. $6 billion.
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If the MPC is 0.80, all taxes are lump-sum taxes, and the equilibrium GDP is $25 billion below the f...
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