Assume the mpc 06 for an economy showing work please find


Assume the mpc = 0.6 for an economy. Showing work, please find the effect (if any) on equilibrium real GDP of each of the following events (other things remaining the same):

a. Government purchases increase from 1,500 to 1,600.

b. Net taxes fall from 1,500 to 1,400.

c. Planned investment falls from 900 to 800.

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Business Economics: Assume the mpc 06 for an economy showing work please find
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