Business, 14.02.2020 19:12 kharmaculpepper

The marginal propensity to consume is 0.75 and the economy is operating at full-employment real GDP at $510 billion. If a $20 billion personal consumption increase is matched by an equal increase in personal taxes, long-run real GDP will

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The marginal propensity to consume is 0.75 and the economy is operating at full-employment real GDP...