Question: Assignment 3.2 multipliers 4. Type Here 2 +$2,000 Part 2: Making Connections- In 2009, the US Federal government cut taxes by approximately $300 billion, increased

Assignment 3.2 multipliers

4. Type Here 2 +$2,000 Part 2: Making Connections- In 2009, the US Federal government cut taxes by approximately $300 billion, increased government spending by approximately $300 billion, and increased transfer payments by approximately $200 billion. Answer the following questions assuming that the marginal propensity to consume was 0.75

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