An increase in taxes when the economy is above full employment ______ aggregate demand and...

An increase in taxes when the economy is above full employment ______ aggregate demand and real GDP, and the price level ______.

does not change; does not change

decreases; falls

increases; falls

increases; rises

The magnitude of the tax multiplier is equal to _______.

the government expenditure multiplier divided by MPC

MPC times the government expenditure multiplier

the government expenditure multiplier

MPC

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Rahul Sunny answered 8 months ago

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An increase in taxes when the economy is above full employment ​ ______ aggregate demand and...

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An increase in taxes when the economy is above full employment ______ aggregate demand and...