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Home Q & A Board Other Fields Homework Help Business Economics
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Retnec Retnec
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6 years ago
Suppose 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 $300 billion to achieve full employment.
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Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
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hecosmetichecosmetic
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Retnec Author
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6 years ago
Helped a lot
shimyshiguy
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Yesterday
Good timing, thanks!
loki1345
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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