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Assume that a hypothetical economy with a MPC of 0.9 is experiencing severe recession. By how much would government spending have to rise to shift
Assume that a hypothetical economy with a MPC of 0.9 is experiencing severe recession.
- By how much would government spending have to rise to shift the aggregate demand curve rightward by $45 billion?
- How large a Tax cut would be needed to achieve the same increase in aggregate demand?
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Management Accounting In Health Care Organizations
Authors: David W. Young
3rd Edition
1118653629, 978-1118653623
