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Calculations: If there a $2billion increase in government spending, other things being equal, what would be the resulting change in aggregate demand, and how much
Calculations:
- If there a $2billion increase in government spending, other things being equal, what would be the resulting change in aggregate demand, and how much of the change would a change in consumption, if the MPC were the following:
- 1/3?
- 1/2?
- 2/3?
- 3/4?
- 4/5?
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