Explain the effect of a discretionary cut in taxes of 40, Ask an Expert

Economics

Explain the effect of a discretionary cut in taxes of $40 billion on the economy when the economy’s marginal propensity to consume is .75. How does this discretionary fiscal policy differ from a discretionary increase in government spending of $40 billion?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91387061

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