Multiple Choice
If the consumption function is given by C = 200 + 0.6YD,then an increase in taxes of 50 units will cause the IS schedule to
A) shift to the right by 75 units..
B) shift to the left by 50 units.
C) shift to the left by 75 units.
D) shift to the left by 125.
Correct Answer:
Verified
Correct Answer:
Verified
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