Business, 20.01.2020 18:31 zetrenne73

Imagine that an economic recession erodes consumer confidence. as a result, the marginal propensity to consume drops from .8 to .6. if the government tries to stimulate the economy by increasing government spending, will the spending be more or less effective at mpc?

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Imagine that an economic recession erodes consumer confidence. as a result, the marginal propensity...

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