Posted: March 7th, 2017

. Suppose that the economy starts at equilibrium and the mpc =0.8. What would be the effect of a 300 increase in taxes once all the rounds of the multiplier are complete?

. Suppose that the economy starts at equilibrium and the mpc =0.8. What would be the effect of a 300 increase in taxes once all the rounds of the multiplier are complete?

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