By how much would the 2008 tax rebates have shifted aggregate demand if the MPC was 0.95?

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By how much would the 2008 tax rebates have shifted aggregate demand if the MPC was 0.95? (See the News Wire "Fiscal Stimulus: Tax Cuts.")

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Essentials of Economics

ISBN: 978-1259235702

10th edition

Authors: Bradley Schiller, Karen Gebhardt

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Question Posted: Aug 30, 2017 11:54 PM

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By how much would the 2008 tax rebates have shifted aggregate demand if the MPC was 0.95?

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1710billion Explanation The tax rebate tax cut of 90 billion w...View the full answer

Essentials of Economics

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