2. If autonomous expenditures increased by $20 billion, what is the change in aggregate demand at a...

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2. If autonomous expenditures increased by $20 billion, what is the change in aggregate demand at a given price level if the marginal propensity to consume is 0.75?

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Exploring Macroeconomics

ISBN: 9781111970314

5th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 30, 2024 08:00 AM

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2. If autonomous expenditures increased by $20 billion, what is the change in aggregate demand at a given price level if the marginal propensity to consume is 0.75?
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2. If autonomous expenditures increased by $20 billion, what is the change in aggregate demand at a...

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Exploring Macroeconomics

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