With a U.S. marginal propensity to consume, assumed at 1/2, what will happen to the following with...

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With a U.S. marginal propensity to consume, assumed at 1/2, what will happen to the following with the neoclassical model of national income if the Bush Tax Cuts expired

•	Private Saving y-t-c
	•	Public Saving t-g
	•	National Saving y-c-g
	•	Investment i(r)

Robert · Accepted Answer

With a U.S. marginal propensity to consume, assumed at 1/2, what will happen to the following 
with the neoclassical model of national income if the Bush Tax Cuts expired 
• Private Saving y-t-c 
• Public Saving t-g 
• National Saving y-c-g 
• Investment i(r) 
Answer: 
Suppose this was an autonomous Tax Cuts that has expired.

With a U.S. marginal propensity to consume, assumed at 1/2, what will happen to the following with the neoclassical model of national income if the Bush Tax Cuts expired • Private Saving y-t-c...

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