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Retnec Retnec
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Posts: 1082
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6 years ago
Assuming an MPC of 0.60, a $20 billion reduction in government spending would lower the economy's equilibrium output by $50 billion.
 ( T / F )?
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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6 years ago
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Retnec Author
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6 years ago
Smart ... Thanks!
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Yesterday
Helped a lot
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2 hours ago
Good timing, thanks!
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