Business, 17.12.2021 02:50, staffordkimberly
Assume the MPC is 0.75. Assume there is a multiplier effect and that the total crowding-out effect is $6 billion. An increase in government purchases of $10 billion will shift aggregate demand to the a. left by $24 billion. b. right by $34 billion. c. left by $36 billion. d. right by $36 billion.
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Assume the MPC is 0.75. Assume there is a multiplier effect and that the total crowding-out effect i...
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