Only typed answer and please don't use chatgpt  Suppose the tax multiplier in an economy is -3. How will total spending (TS) change when taxes (T) increase by $300? Group of answer choices TS will decrease by $900 TS will decrease by $100 TS will increase by $900 TS will increase by $100

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Q: 10

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Q: Don't use ai to answer I will report your answer Solve it Asap with explanation and calculation

A: The tax rate is just the difference of the ST and S curves. As can be seen from the graph, when ST…

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Q: D

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A: Given the gross price = P Market demand, P = 303 - 0.5QMarket Supply, P = -20 + 0.6QTax, t = 16%