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If the marginal propensity to consume is 0.80, what is the total implied increase in economic spending activity from a government stimulus of$100 billion?
If the marginal propensity to consume is 0.80, what is the total implied increase in economic spending activity from a government stimulus of$100 billion?
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Managerial Economics And Financial Analysis
Authors: M.S. Bhat, A.V. Rau
1st Edition
9352300211, 978-9352300211
