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Business, 24.10.2021 14:40 dezmondadelson23

Suppose that a certain country has an MPC of 0.9 and a real GDP of $500 billion. If government decreases taxes by $4 billion, what will be its new level of real GDP?Please answer the question, and provide detailed explanation. Thanks in advance.

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Suppose that a certain country has an MPC of 0.9 and a real GDP of $500 billion. If government decre...
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