expand icon
book Essentials of Economics 8th Edition by Bradley Schiller cover

Essentials of Economics 8th Edition by Bradley Schiller

النسخة 8الرقم المعياري الدولي: 978-0073511399
book Essentials of Economics 8th Edition by Bradley Schiller cover

Essentials of Economics 8th Edition by Bradley Schiller

النسخة 8الرقم المعياري الدولي: 978-0073511399
تمرين 7
If taxes were cut by $1 trillion and the MPC was 0.80, by how much would total spending
( a ) Increase in the first year with two spending cycles?
( b ) Increase over five years, with two spending cycles per year?
( c ) Increase over an infinite time period?
التوضيح
موثّق
like image
like image

(a) If the MPC = 0.80, and taxes are cut...

close menu
Essentials of Economics 8th Edition by Bradley Schiller
cross icon