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If the marginal propensity to consume (MPC) is 0.80, and if policy makers wish to increase real GDP $200 billion, then by how much would they have to change taxes
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18 votes
18 votes
If the marginal propensity to consume (MPC) is 0.80, and if policy makers wish to increase real GDP $200 billion, then by how much would they have to change taxes

User Buczkowski
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1 Answer

12 votes
12 votes

Answer:

200b

  1. 100m
  2. 263m
  3. in taxes exchange
User Rolf Wessels
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3.1k points
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