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sgy_89 sgy_89
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7 years ago
Assume the economy's full employment output is $1,500 billion and MPC is 0.75. If the equilibrium output is $1,200 billion, government spending must be increased by $75 billion to achieve full employment.
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Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
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VilaVila
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