Decrease in the marginal propensity to consume

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Reference no: EM13832926

Determine whether each of the following, other factors held constant, would lead to an increase, a decrease, or no change in the level of real GDP demanded:

a) a decrease in government purchases

b) an increase in net taxes

c) A reduction in transfer payment

d) a decrease in the marginal propensity to consume

Reference no: EM13832926

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