1.9. If the marginal propensity to consume is 0.5, how much would government spending have to rise...

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1.9. If the marginal propensity to consume is 0.5, how much would government spending have to rise to increase output by $1,000 billion?

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The Economics Of Money Banking And Financial Markets

ISBN: 9780321598905

9th Edition

Authors: Frederic S. Mishkin

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Question Posted: Oct 22, 2024 08:00 AM

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1.9. If the marginal propensity to consume is 0.5, how much would government spending have to rise to increase output by $1,000 billion?
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1.9. If the marginal propensity to consume is 0.5, how much would government spending have to rise...

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The Economics Of Money Banking And Financial Markets

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