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if the mpc is 0.8 and the equilibrium GDP is 20 billion below the full-employment GDP, then the size of the recessionary expenditure gap is
if the mpc is 0.8 and the equilibrium GDP is 20 billion below the full-employment GDP, then the size of the recessionary expenditure gap is
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Economics
Authors: Paul A. Samuelson, William Nordhaus
19th edition
978-0073511290, 73511293, 978-0073344232, 73344230, 978-007351129
