Assuming a fixed amount of taxes and a closed economy, calculate the value of the government purchases

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Assuming a fixed amount of taxes and a closed economy, calculate the value of the government purchases multiplier, the tax multiplier, and the balanced budget multiplier if the marginal propensity to consume equals 0.6.

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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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Question Posted: Nov 01, 2017 07:59 AM

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Assuming a fixed amount of taxes and a closed economy, calculate the value of the government purchases

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Economics

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