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Neoclassical model of national income

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Reference no: EM13110195

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)

Reference no: EM13110195

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