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Suppose consumption is $60,000 when income is $90,000 and the MPS equals 0.25. When income increases to $100,000, consumption is
Q13: Refer to Table 7.6. If 2015 is
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Q34: Refer to Table 9.2. At an output
Q77: Refer to Table 8.6. If the interest
Q86: If the tax multiplier is -9 and
Q173: Assume there is no government or foreign
Q177: Refer to Figure 8.2. Jerry's _ equals
Q210: Refer to Figure 8.8. The amount of
Q304: Refer to Table 9.6. If taxes are
Q311: If government purchases are increased by $30,