Question: Can you please help me answer this question? The previous answers I have came up with have been wrong and I can't figure out what
Can you please help me answer this question? The previous answers I have came up with have been wrong and I can't figure out what I am doing incorrectly.
Assume MPC = 0.80. If an initial fiscal restraint of $150 billion is desired, by how much must
a. government spending be reduced? ___ billion
b. Taxes be raised? ___billion
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