In the economy depicted: a. the MPS is .50. b. the MPC is .75. c. the full-employment
Question:
In the economy depicted:
a. the MPS is .50.
b. the MPC is .75.
c. the full-employment level of real GDP is $530 billion.
d. nominal GDP always equals real GDP.
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Related Book For
Economics Principles Problems And Policies
ISBN: 9780073511443
19th Edition
Authors: Campbell Mcconnell ,Stanley Brue ,Sean Flynn
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