Assume that a nationrsquos marginal propensity to consume


Assume that a nation’s marginal propensity to consume is 0.9, and that its potential GDP exceeds its actual real GDP by $5000. By how much should that nations government change taxes in order to completely close that GDP gap?

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Business Economics: Assume that a nationrsquos marginal propensity to consume
Reference No:- TGS01119614

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