Suppose the government increases expenditures by 70 billion
Suppose the government increases expenditures by ?$70 billion and the marginal propensity to consume is 0.60. By how will equilibrium GDP? change? The change in equilibrium GDP? is: ?$ billion.
?(Round your solution to one decimal? place.)
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suppose the government increases expenditures by 70 billion and the marginal propensity to consume is 060 by how will
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