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Business, 01.07.2021 23:00 cisneros3

In a neoclassical economy, assume that the government lowers both government spending and taxes by $100 billion. If the marginal propensity to consume is 0.6, investment will: Group of answer choices rise by $100 billion. not change. rise by $40 billion. rise by $60 billion.

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In a neoclassical economy, assume that the government lowers both government spending and taxes by $...
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