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KiRa [710]
3 years ago
8

Suppose the MPC of a country is 0.72 and the government reduces taxes by $20 billion to stimulate the economy. How much of the t

ax reduction is likely to go into increased spending?
A. $27.8 billion B. $20 billion C. $7.6 billion D. $14.4 billion E. $52.6 billion'
Social Studies
1 answer:
blsea [12.9K]3 years ago
7 0
I think the answer is A or C
have a great day!!!
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