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Business, 11.03.2020 21:58, themachine14

If the marginal propensity to consume is 0.9, the government increases purchases...

If the marginal propensity to consume is 0.9, the government increases purchases by $100, and net exports decline by $60, the equilibrium level of real gross domestic product will .a. decrease by up to $400b. increase by up to $400c. increase by up to $600d. decrease by up to $1,600
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If the marginal propensity to consume is 0.9, the government increases purchases by $100, and net ex...

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