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If Net Taxes Increase by $100 Billion and the Marginal

question 109

Multiple Choice

If net taxes increase by $100 billion and the marginal propensity to consume is 0.6,by how much will GDP change?


Definitions:

Offspring Reared

The number of offspring an individual successfully raises to the age of independence, often used as a measure of reproductive success.

Kirk's Dik-dik

A small antelope species found in eastern and southwestern Africa, known for its monogamous pairs and distinctive whistle-like alarm call.

Genetic Monogamy

A mating system in which individuals mate exclusively with one partner over their lifetime, and parentage analyses confirm genetic fidelity.

Mammals

Warm-blooded vertebrates characterized by the presence of mammary glands, which females use to feed their young, and a body covered in hair or fur.

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