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Title: Taxes are reduced by $70 billion and income increases by $280 billion. The value of the tax multiplier is Post by: lurielbank on Apr 28, 2019 Question 1. If the government spending multiplier is 5 and government spending decreases by $200 billion, output will ________ by $________ billion. ▸ increase; 200 ▸ decrease; 1,000 ▸ decrease; 40 ▸ decrease; 200 Question 2. Taxes are reduced by $70 billion and income increases by $280 billion. The value of the tax multiplier is ▸ -4. ▸ -5. ▸ -10. ▸ -20. Title: Taxes are reduced by $70 billion and income increases by $280 billion. The value of the tax multiplier is Post by: crdsa on Apr 28, 2019 Content hidden
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