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If the MPC in an economy is 0.8, a $1 billion increase in government spending will ultimately increase consumption by Multiple Choice $4 billion. $1
If the MPC in an economy is 0.8, a $1 billion increase in government spending will ultimately increase consumption by
Multiple Choice
- $4 billion.
- $1 billion.
- $0.8 billion.
- $5 billion.
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