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Business, 21.12.2020 21:30 sophiateaches053

Suppose an economy is producing real GDP of $300 billion. The potential output is equal to $400 billion, and the marginal propensity to consume is equal to 0.80. The government should taxes by to bring the economy to potential output.

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Suppose an economy is producing real GDP of $300 billion. The potential output is equal to $400 bill...

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