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Mathematics, 07.07.2021 19:20 jack487

Badluckville had been expecting a $50 million investment for a new golf resort, but the contract was cancelled. Badluckville's mayor estimates that this will cost the city $300 million in total economic activity. What is the mayor's
estimate of the multiplier and marginal propensity to consume?

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Badluckville had been expecting a $50 million investment for a new golf resort, but the contract was...

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