For each of the following values for the mpc determine the
For each of the following values for the MPC, determine the size of the simple spending multiplier and the total change in real GDP demanded following a $10 billion decrease in autonomous spending:
a. MPC = 0.9
b. MPC = 0.75
c. MPC = 0.6
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for each of the following values for the mpc determine the size of the simple spending multiplier and the total change
automobiles arrive at the drive-thru window at the downtown fort mcmurray post office at the rate of 4 every 10 minutes
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if consumption increases by 12 billion when real disposable income increases by 15 billion what is the value of the mpc
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