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Business, 06.07.2021 22:50 tiffany991223
An economy has no imports and noβ taxes, the MPC is 0.9 β, and real GDP is β$150 billion. Businesses decrease investment by β$10 billion. Calculate the new level of real GDP. Explain why real GDP decreases by more than β$10 billion.
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An economy has no imports and noβ taxes, the MPC is 0.9 β, and real GDP is β$150 billion. Businesses...
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