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Home Q & A Board Other Fields Homework Help Business Economics
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Retnec Retnec
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Assuming an MPC of 0.60, a $20 billion reduction in government spending would lower the economy's equilibrium output by $50 billion.
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Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
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VilaVila
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Retnec Author
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6 years ago
Correct Slight Smile TY
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Yesterday
Thanks
branbran2k16
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2 hours ago
Thank you, thank you, thank you!
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