Assume that the government raises taxes by 100 billion if
Assume that the government raises taxes by $100 billion. If the marginal propensity to consumer is .6, by how much will the following variables rise or fall.
(a) Public savings
(b) Private savings
(c) National savings
(d) Investment
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assume that the government raises taxes by 100 billion if the marginal propensity to consumer is 6 by how much will the
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