? 15 Question 4-d) - JIMK14-20210214 d) Use the result from c) to derive an expression of
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15 Question 4-d) - JIMK14-20210214 d) Use the result from c) to derive an expression of the change in equilibrium income with respect to taxes, T. What's the difference between the open economy multiplier (in this question) and the closed economy multiplier that you derived in b)? (4 points) 15 Question 4-d) - JIMK14-20210214 d) Use the result from c) to derive an expression of the change in equilibrium income with respect to taxes, T. What's the difference between the open economy multiplier (in this question) and the closed economy multiplier that you derived in b)? (4 points)
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