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Business, 06.12.2020 21:30 yselahernandez02

Suppose that the economy is in the midst of a recession and government policymakers want to increase aggregate demand by $500 billion. If the economy’s marginal propensity to consume is 0.5, by how much should the government increase its spending?

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Suppose that the economy is in the midst of a recession and government policymakers want to increase...
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