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Business, 30.07.2020 21:01 liliauedt

The American Recovery and Reinvestment Act introduced a large amount of government spending into the economy—$789 billion! Suppose the marginal propensity to consume in the United States is 0.85. How much would the program increase total spending in the economy?

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The American Recovery and Reinvestment Act introduced a large amount of government spending into the...
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