Business, 24.03.2020 18:01, cilicia123345

If the marginal propensity to consume is 0.75, and there is no crowding out, a $15 billion increase in government expenditures would shift the aggregate demand curve right by Group of answer choices $45 billion, but the effect would be smaller if there were crowding out. $60 billion, but the effect would be larger if there were crowding out. $45 billion, but the effect would be larger if there were crowding out. $60 billion, but the effect would be smaller if there were crowding out.

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If the marginal propensity to consume is 0.75, and there is no crowding out, a $15 billion increase...