Business, 09.04.2021 01:00 tionnewilliams21

If the marginal propensity to consume is 0.75, and there is no investment accelerator or crowding out, a $15 billion increase in government expenditures would shift the aggregate demand curve right by a. $60 billion, but the effect would be smaller if there were an investment accelerator. b. $45 billion, but the effect would be larger if there were an investment accelerator. c. $45 billion, but the effect would be smaller if there were an investment accelerator. d. $60 billion, but the effect would be larger if there were an investment accelerator.

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If the marginal propensity to consume is 0.75, and there is no investment accelerator or crowding ou...