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QUESTION
Suppose that MPC is .75 and there is an increase in investment spending of $100,000. As a result, equilibrium real Gross Domestic Product (GDP) would...
Suppose that MPC is .75 and there is an increase in investment spending of $100,000. As a result, equilibrium real Gross Domestic Product (GDP) would increase byA) $750,000. B) $75,000. C) $400,000. D) $100,000.
