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. ?T (? b/1 – b).
b. ?T(1/1 – b).
c. ?T(1 – b/1 – b).
d. ?T(1 + b/1 + b).
A
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Indicate whether the statement is true or false
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a. True b. False Indicate whether the statement is true or false