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Business, 13.11.2019 05:31 quarrella

Recently, the level of gdp has declined by $60 billion in an economy where the marginal propensity to consume is 0.75. aggregate expenditures must have fallen by select one:

a. $45 billion.

b. $30 billion.

c. $15 billion.

d. $60 billion.

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Answers: 2

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