Advanced Placement (AP), 12.02.2021 05:40 mary2971
If equilibrium output rises by a total of $400 billion in response to an increase in government spending of $80 billion, what is the marginal propensity to consume? Please show work!
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Achange in any of the following factors will cause investment spending and aggregate demand to change excepta. the interest rate effect b. expected business conditionsc. real interest rate d. expected future returns created by new technology e. expected business taxes
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If equilibrium output rises by a total of $400 billion in response to an increase in government spen...
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