Question: please help with this question: assuming that the aggregate marginal propensity to consume (MPC) out of disposable income is 0.65, in the income-expenditure model, a
please help with this question:
assuming that the aggregate marginal propensity to consume (MPC) out of disposable income is 0.65, in the income-expenditure model, a temporary tax cut in the total amount of $100 billion would result in a short-run change in GDP equal to how many billion of dollars?
please round your answer to two decimal places
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