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Title: Assume the economy is operating at a level of equilibrium output $200 billion less than full ... Post by: Mandolina on May 25, 2017 Assume the economy is operating at a level of equilibrium output $200 billion less than full employment. If the economy's MPC is 0.75, by how much must government spending be increased to achieve full employment without generating inflation?
A) $200 billion B) $150 billion C) $800 billion D) $50 billion E) $266.7 billion Title: Re: Assume the economy is operating at a level of equilibrium output $200 billion less than full ... Post by: hecosmetic on May 25, 2017 Content hidden
Title: Re: Assume the economy is operating at a level of equilibrium output $200 billion less than full ... Post by: Mandolina on Jun 25, 2017 Wwow, couldn't thank you enough
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