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Mandolina Mandolina
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6 years ago
If the marginal propensity to consume is 0.60, a $50 billion increase in investment spending will increase the economy's equilibrium GDP by $30 billion.
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Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
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hecosmetichecosmetic
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Mandolina Author
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6 years ago
Makes a ton of sense now Smiling Face with Open Mouth
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