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QUESTION
show all work If the MPC is = to.8 and spending increases by 30 billion what is the increase in GDP ? If the MPC is = to.75 and spending increases by...
show all work
If the MPC is = to.8 and spending increases by 30 billion what is the increase in GDP ?
If the MPC is = to.75 and spending increases by 30 billion what is the increase in real GDP?
IF the MPC is= to .5 and spending increases by 30 billion what is the increase in real GDP?
In the following three examples the MPC decreases the increase in spending stays the same and the increase in GDP decreases why does this occur?
