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Business, 05.03.2020 10:04 nani97

Suppose government finds it can increase the equilibrium real GDP $45 billion by increasing government purchases by $18 billion. On the basis of this information, we can say that the MPC in this economy is 0.4. MPS in this economy is 0.4. multiplier is 3. multiplier does not apply in this economy.

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Suppose government finds it can increase the equilibrium real GDP $45 billion by increasing governme...
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