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In the Keynesian model, when government decreases its spending by $20 billion, and it decreases taxes by $30 billion, and the MPC is .75, by how much will total spending in the economy change?A) Total
answered
Jan 29, 2021
Business
college
7
votes
65.8k
views
jeanine owes $1200 on a credit card. The card charges 16% interest, compounded monthly. Write a formula that describes how much Jeanine will owe on her card after t years, assuming she makes no payments
answered
Jan 11, 2021
Business
high-school
6
votes
172k
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