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Business, 20.03.2020 09:58 semajac11135

The Whereami County government has cut its spending by $4.5 million and raised taxes on County residents by $3.5 million in order to close a growing budget deficit. If the local marginal propensity to consume is 0.9, by how much has local GDP decreased because of these changes to government spending and taxes?

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The Whereami County government has cut its spending by $4.5 million and raised taxes on County resid...
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