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If the marginal propensity to consume in this city is 95

A new stadium is built and creates an increase in income of $1.2 million for the city. If the marginal propensity to consume in this city is .95, calculate the total increase in economic activity for the city due to this increase in income (assume the economy of the city is closed).

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Basic Computer Science: If the marginal propensity to consume in this city is 95

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Basic Computer Science: If the marginal propensity to consume in this city is 95

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