Question
If the MPC in an economy is 0.7, the government could shift the aggregate demand curve rightward by $35 billion by changing government purchases
If the MPC in an economy is 0.7, the government could shift the aggregate demand curve rightward by $35 billion by changing government purchases by $. billion. Your Answer: 3.5
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The Economics of Money Banking and Financial Markets
Authors: Frederic S. Mishkin
11th edition
133836797, 978-0133836790
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