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Essentials of Economics 8th Edition by Bradley Schiller
Edition 8ISBN: 978-0073511399Essentials of Economics 8th Edition by Bradley Schiller
Edition 8ISBN: 978-0073511399 Exercise 5
By how much would the 2008 tax rebates have shifted AD if the MPC was 0.90? (see Headline, p. 263).
Explanation
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If the MPC = 0.90, and taxes are cut by ...
Essentials of Economics 8th Edition by Bradley Schiller
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