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Business, 12.01.2021 01:00 savthespice

Suppose the economy is in a recession. The economy needs to expand by at least $350 billion, and the marginal propensity to consume is 0.6. What is the least amount the government can spend to overcome the $350 billion gap

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Suppose the economy is in a recession. The economy needs to expand by at least $350 billion, and the...
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