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Mandolina Mandolina
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6 years ago
Suppose the economy is in equilibrium at a GDP of $1,000 billion. If the economy's MPC is 0.8, the addition of $50 of government spending would raise the equilibrium output to $1,200 billion.
 ( T / F )?
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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hecosmetichecosmetic
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6 years ago
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Mandolina Author
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6 years ago
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