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  • 25-11-2022
  • Business
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In the Keynesian-cross model, if the MPC equals 0.75, then a $3 billion decrease in taxes increases planned expenditures by and increases the equilibrium level of income by A) $3 billion; $9 billion B) $2.25 billion; $6.75 billion C) $2.25 billion; $2.25 billion D) $3 billion; $3 billion

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