Business, 29.06.2021 15:50, aylinkayla

For a model economy, the mpc (marginal propensity to consume) is 0.8. Current GDP is $100 million. Potential GDP is $60 million. To reach full employment (reduce inflationary gap), government spending must g

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For a model economy, the mpc (marginal propensity to consume) is 0.8. Current GDP is $100 million. P...