Nowellkwaku
19.08.2020 •
Mathematics
Suppose that the government increases expenditures by $150 billion while increasing taxes by $150 billion. Suppose that the mpc is 0.80 and that there are no crowding out or accelerator effects. What is the combined effects of these changes? Why is the combined change not equal to zero?
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Ответ:
The answer is
Step-by-step explanation:
The slope of a line given two points can be found by using the formula
From the question we have
We have the final answer as
Hope this helps you