If the AD shortfall is $600 billion and the MPC is 0.8, (a) How large is the

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If the AD shortfall is $600 billion and the MPC is 0.8,

(a) How large is the desired fiscal stimulus?

(b) How largean income tax cut is needed?

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The Macro Economy Today

ISBN: 978-1259291821

14th edition

Authors: Bradley R. Schiller, Karen Gebhardt

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Question Posted: May 04, 2018 12:55 AM

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If the AD shortfall is $600 billion and the MPC is 0.8, (a) How large is the

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a 120 billion b 150billion c 120 billion Feedback a 120 billi...View the full answer

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