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Home Q & A Board Other Fields Homework Help Business Economics
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sgy_89 sgy_89
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6 years ago
If the economy's MPS is 0.25, a $100 billion increase in taxes will reduce the economy's equilibrium output by $400 billion.
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Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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hecosmetichecosmetic
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sgy_89 Author
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6 years ago
You make an excellent tutor!
GeorgeNeist
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Yesterday
Thank you, thank you, thank you!
nsak
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2 hours ago
Thanks
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