If the MPC in an economy is .75, government could shift the aggregate demand curve leftward by $60 billion by:
A. reducing government expenditures by $12 billion.
B. reducing government expenditures by $60 billion.
C. increasing taxes by $15 billion.
D. increasing taxes by $20 billion.
D. increasing taxes by $20 billion.
Economics
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A) in the short run and in the long run. B) in the short run but not in the long run. C) in the long run but not in the short run. D) neither in the long run nor in the short run.
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The demand for computer programmers is inseparably tied to the supply of computer software
a. True b. False Indicate whether the statement is true or false
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