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Mathematics, 23.04.2020 03:13 Kiki18love

If taxes were cut by $1 trillion and the MPC was 0.75, by how much would total spending
a. Increase in the first year with two spending cycles?
trillion
trillion
b. Increase over three years, with two spending cycles per year?
c. Increase over an infinite time period?
trillion

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Answers: 1

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If taxes were cut by $1 trillion and the MPC was 0.75, by how much would total spending
a. Inc...
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