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Business, 29.03.2021 17:00 dondre54

Suppose the level of output of an economy (Y) is initially at $2400. Assume taxes are autonomously given, and constant. This is not a full employment level of Y. Suppose the full employment level of Y would be $3200. If the MPS with respect to disposable income is .6, how much would the government spending have to change for the economy to move to the full employment level of Y

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Suppose the level of output of an economy (Y) is initially at $2400. Assume taxes are autonomously g...
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