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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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Financial Reporting and Analysis
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
6th edition
9780077632182, 78025672, 77632184, 978-0078025679
