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Business, 24.06.2021 20:20 tommyaberman

If the marginal propensity to consume (MPC) is 0.8, and transfers increase by $100 billion, then GDP will: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices increase by more than $500 billion. decrease by less than $200 billion. decrease by less than $500 billion. increase by less than $500 billion.

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If the marginal propensity to consume (MPC) is 0.8, and transfers increase by $100 billion, then GDP...

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