Question: Consider a closed economy that operates according to the Classical model with linear consumptionfunction: C=a 0.8(YT).You observed that after a change in taxes T, National

Consider a closed economy that operates according to the Classical model with linear consumptionfunction: C=a 0.8(YT).You observed that after a change in taxes T, National Saving increasedby $40. If nothing else changed in this economy, you can deduce that taxes

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