If the marginal propensity to consume is 0.9, every $10 billion increase in taxes will
Chapter 0, Problem 23(choose chapter or problem)
If the marginal propensity to consume is 0.9, every $10 billion increase in taxes will cause a change in spending equal to a. $100 billion. b. $90 billion. c. $9 billion. d. $10 billion. e. $90 billion.
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