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Assume a simple economy where the imports are autonomous, and there is no income tax. If MPC = 0.75, and the government raises its G
Assume a simple economy where the imports are autonomous, and there is no income tax. If MPC = 0.75, and the government raises its G by $40 million, what do you expect to happen to real GDP?
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International Business Competing in the Global Marketplace
Authors: Charles W. L. Hill
11th edition
1259578119, 978-1259578113
