4. Suppose that a certain country has an MPC of 0.9 and a real GDP of $400...
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4. Suppose that a certain country has an MPC of 0.9 and a real GDP of $400 billion. If its investment spending decreases by
$4 billion, what will be its new level of real GDP? LO11.5
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Macroeconomics
ISBN: 9781259915673
21st Edition
Authors: Campbell McConnell, Stanley Brue , Sean Flynn
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