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posledela
3 years ago
8

Now, suppose the government were to decrease net taxes by $20 billion without changing the level of government purchases. This w

ould shift the aggregate expenditure line by $ billion. After the multiplier process has run its course, the new equilibrium output will be $ billion, implying that the value of the relevant multiplier is ___.
Business
1 answer:
Art [367]3 years ago
6 0

Answer:

this would shift the aggregate line up by 40 billion implying that the value of the relevent multiplier is 2.

Explanation:

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