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Business, 18.05.2021 19:10 lidi92

Assume the multiplier is 5 and that the crowding-out effect is $30 billion. An increase in government purchases of $20 billion will shift the aggregate-demand curve to the Select one: a. right by $130 billion b. right by $70 billion c. right by $50 billion d. right by $10 billion

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Assume the multiplier is 5 and that the crowding-out effect is $30 billion. An increase in governmen...
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