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Macroeconomics 19th Edition by Campbell McConnell , Stanley Brue,Sean Flynn
النسخة 19الرقم المعياري الدولي: 978-0077337728Macroeconomics 19th Edition by Campbell McConnell , Stanley Brue,Sean Flynn
النسخة 19الرقم المعياري الدولي: 978-0077337728 تمرين 6
Assume that, without taxes, the consumption schedule of an economy is as follows: 
a. Graph this consumption schedule and determine the MPC.
b. Assume now that a lump-sum tax is imposed such that the government collects $10 billion in taxes at all levels of GDP. Graph the resulting consumption schedule and compare the MPC and the multiplier with those of the pretax consumption schedule.
a. Graph this consumption schedule and determine the MPC.
b. Assume now that a lump-sum tax is imposed such that the government collects $10 billion in taxes at all levels of GDP. Graph the resulting consumption schedule and compare the MPC and the multiplier with those of the pretax consumption schedule.
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a. The information is reproduced below:
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Macroeconomics 19th Edition by Campbell McConnell , Stanley Brue,Sean Flynn
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