Business
Business, 23.11.2019 02:31, mkcryer50

Suppose that government spending increases, shifting up the aggregate expenditure line. gdp increases from gdp1 to gdp2, and this amount is $200 billion. if the mpc is 0.8, then what is the distance between n and l or by how much did government
spending change?
a) $16 billion
b) $40 billion
c) $200 billion
d) $1,000 billion

answer
Answers: 2

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Suppose that government spending increases, shifting up the aggregate expenditure line. gdp increase...

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