Business, 22.05.2020 00:00 kaylaamberd

Suppose the economy is in a recession. The economy needs to expand by at least $450 billion, and the marginal propensity to consume is 0.9.

What is the least amount the government can spend to overcome the $450 billion gap?

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Suppose the economy is in a recession. The economy needs to expand by at least $450 billion, and the...