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Business, 09.07.2021 19:10 Ksedro1998

An economy has no imports and no​ taxes, the MPC is 0.9 ​, and real GDP is ​$200 billion. Businesses decrease investment by ​$10 billion. Calculate the new level of real GDP. Explain why real GDP decreases by more than ​$10 billion.

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An economy has no imports and no​ taxes, the MPC is 0.9 ​, and real GDP is ​$200 billion. Businesses...
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