Exam (elaborations)
Principles of Macroeconomics Final Exam Question & Answers
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Principles of Macroeconomics Final Exam Question & Answers -4. - ANSWER: If the MPC is .80, what is the value of the tax multiplier? 3. -3. 4. -4. $100 billion. - ANSWER: Suppose the economy is in equilibrium at 9.5 trillion dollars of GDP per year and a price (CPI) level of 125 and MPC is .80. ...
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