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Business, 08.03.2021 19:50 cmir

Assume that the marginal propensity to consume is 0.75, net exports decline by $10 billion, and government spending increases by $20 billion. Given that there is no crowding out, the equilibrium gross domestic product can increase by a maximum of:

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Assume that the marginal propensity to consume is 0.75, net exports decline by $10 billion, and gove...
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