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Munze Munze
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6 years ago
Suppose the marginal propensity to consume equals .8 (i.e., c1 = .8). Given this information, which of the following events will cause the largest increase in output?
A) G increases by 200
B) T decreases by 200
C) I increases by 150
D) both A and B
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Macroeconomics

Macroeconomics


Edition: 6th
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Macroeconomics, 6/E (Blanchard, Johnson)
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legendvpnlegendvpn
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Munze Author
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6 years ago
Helped a lot
MAry1395
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Yesterday
Smart ... Thanks!
erimis
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2 hours ago
Good timing, thanks!
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