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Denver is considering building a new stadium that would add $30 million in new consumptions expenditures if built. The marginal propensity to consumer in Denver
- Denver is considering building a new stadium that would add $30 million in new consumptions expenditures if built. The marginal propensity to consumer in Denver is 0.8.
c)What is the predicted impact on the Denver economy of building the new stadium, if instead the workers who receive the initial $30 million live in Denver only 6 months out of the year?
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
9781119563099
