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GNP Gap problem Assume: C = $300B TR1 = 15% I = $300B G = $250B Yf = $2,500B X = $100B M = -0.1Yd
GNP Gap problem
Assume: C = $300B TR1 = 15%
I = $300B
G = $250B Yf = $2,500B
X = $100B
M = -0.1Yd
What is the Keynesian/Democratic response to the GNP Gap above--is it spending $1591 billion?
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Macroeconomics Theories and Policies
Authors: Richard T. Froyen
10th edition
013283152X, 978-0132831529
