If the MPS in an economy is 0.25, government could shift the aggregate demand curve leftward by $24 billion by Multiple Choice O increasing taxes by $24 billion. increasing taxes by $192 billion. reducing government expenditures by $6 billion. reducing government expenditures by $96 billion.
If the MPS in an economy is 0.25, government could shift the aggregate demand curve leftward by $24 billion by Multiple Choice O increasing taxes by $24 billion. increasing taxes by $192 billion. reducing government expenditures by $6 billion. reducing government expenditures by $96 billion.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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