Calculate both the tax revenue required to gen erate the surplus budget shown and the change in
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Calculate both the tax revenue required to gen erate the surplus budget shown and the change in national income that will result in each of the three cases in the following table.
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SURPLUS GOVERNMENT TAX REVENUE NATIONAL INCOME CHANGE IN MPC 0.70 0.80 0.90 BUDGET $100 200 300 SPENDING $50 60 70
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