With the Keynesian content, when the marginal propensity to consume is 2/3, a cut in taxes of $120 million increases equ

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answerhappygod
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With the Keynesian content, when the marginal propensity to consume is 2/3, a cut in taxes of $120 million increases equ

Post by answerhappygod »

With the Keynesian content, when the marginal propensity to
consume is 2/3, a cut in taxes of $120 million increases
equilibrium income by _____ million.
Select one:
a. 360
b. 160
c. 180
d. 240
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