With respect to Figure 7-3, the horizontal distance by which the IS cu
With respect to Figure 7-3, the horizontal distance by which the IS curve will shift with a change in taxes is equal to
a. ΔT (− b/1 – b).
b. ΔT(1/1 – b).
c. ΔT(1 – b/1 – b).
d. ΔT(1 + b/1 + b).
ANSWER
A
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