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Business, 07.04.2020 15:24 AmbitiousAndProud

Suppose that the government increases spending by $100 billion as a stimulus package. If the marginal propensity to consume is 0.6, then real GDP will: decrease by $400 billion. increase by $600 billion. decrease by $250 billion. increase by $250 billion

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Suppose that the government increases spending by $100 billion as a stimulus package. If the margina...
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