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In a given economy where citizens spend 80% of each additional dollar of income, the government increases its purchases by $2800. Calculate the total change
In a given economy where citizens spend 80% of each additional dollar of income, the government increases its purchases by $2800. Calculate the total change in Y. Carefully follow all numeric directions. Use a negative number to indicate a decrease in Y and a positive number to indicate an increase
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Macroeconomics
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
3rd Canadian edition
1319120083, 1319120085, 1319190111, 9781319190118, 978-1319120054
