Health
Health, 27.08.2019 01:10, lilpetals

In an economy, the government wants to decrease aggregate demand by $48 billion at each price level to decrease real gdp and control demand-pull inflation. if the mps is 0.25, then it could 

(a) decrease government spending by $16 billion

(b) increase taxes by $16 billion

(c) decrease government spending by $10 billion

(d) increase taxes by $24 billion

answer
Answers: 1

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