In the economy depicted: a. the MPS is .50. b. the MPC is .75. c. the full-employment

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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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Economics Principles Problems And Policies

ISBN: 9780073511443

19th Edition

Authors: Campbell Mcconnell ,Stanley Brue ,Sean Flynn

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