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Business, 22.04.2020 02:53 BrezzyGirl9148

If the income-expenditure multiplier equals 4 and a 1 percentage point increase in the real interest rate reduces autonomous spending by 100 units, then a 1,000 unit recessionary gap can be eliminated by _ the real interest rate by _ percentage points.

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If the income-expenditure multiplier equals 4 and a 1 percentage point increase in the real interest...
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