Business, 02.09.2019 18:30 shines0

Assume that the full-employment level of output is $2,000 and the price level associated with full-employment output is 100. also assume that the economy's current level of output is $1,900 and, at the price level of 100, current aggregate demand is $1,850. if the government moves the economy back to the full-employment level of output by increasing government purchases by $30, then the mpc equals: a. 0.8.b. 0.75.c. 0.6.d. 0.5.

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Assume that the full-employment level of output is $2,000 and the price level associated with full-e...

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