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Business, 07.03.2020 04:49 sanchezp0821

Assume that the marginal propensity to consume is 0.75, net exports decline by $10 billion, and government spending increases by $20 billion. Given that there is no crowding out, the equilibrium gross domestic product can increase by a maximum of

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Assume that the marginal propensity to consume is 0.75, net exports decline by $10 billion, and gove...

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