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Business, 15.11.2019 03:31 sonyfan

Assume that a country is currently producing at a level of output equal to $600 billion. the government decides to increase expenditures by $25 billion, and the nation’s mpc is 0.8. based on the spending multiplier, what is the nation’s new level of total output (in billions of dollars)? type an answer and press enter to submit billion dollars

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