You are told that 50 cents out of every dollar pumped into
You are told that 50 cents out of every dollar pumped into the economy goes toward consumption (as opposed to saving). Estimate the GDP impact of a positive change in government spending that equals $15 billion.
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you are told that 50 cents out of every dollar pumped into the economy goes toward consumption as opposed to saving
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1 steam with a quality of 100 enters the turbine of a rankine cycle power plant at 400 psia and exits at 100 psia
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