Business, 11.03.2020 23:24, sarahgrindstaff123

The government raises taxes by $100 billion. If the marginal propensity to consume is 0.6, what happens to the following? Do they rise or fall? By what amounts? a. Public saving. b. Private saving.

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The government raises taxes by $100 billion. If the marginal propensity to consume is 0.6, what happ...