If an initial fiscal restraint of $100 billion is desired, by how much must 1. Government spending

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If an initial fiscal restraint of $100 billion is desired, by how much must
1. Government spending be reduced? or
2. Taxes be raised? Assume MPC = 0.75.
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Essentials of Economics

ISBN: 978-1259235702

10th edition

Authors: Bradley Schiller, Karen Gebhardt

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