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Business, 30.03.2020 23:09 alicia234

Suppose an economy experiences a lump-sum increase in government spending of $20 million. If the multiplier is 4.0, then according to the macroeconomic model presented in the text what will be the change in the equilibrium level of output?

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Suppose an economy experiences a lump-sum increase in government spending of $20 million. If the mul...

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