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With a U.S. marginal propensity to consume, assumed at 1/2, what will happen to the following with the neoclassical model of national income if the Bush Tax Cuts expired

• Private Saving y-t-c
• Public Saving t-g
• National Saving y-c-g
• Investment i(r)

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9742383

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