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Consider a Keynesian model where full employment output = R80 million; exports = R5 million; the marginal propensity to import = 0.25; autonomous imports =
Consider a Keynesian model where full employment output = R80 million; exports = R5 million; the marginal propensity to import = 0.25; autonomous imports = R5 million; the tax rate = 0.25; investment = R20 million; autonomous consumption = R15 million and the marginal propensity to consume = 0.6. To bring about full employment, what should government spending be
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