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In a policy of fiscal stimulus, government increases its level of expenditure by $175 billion. If the MPC = 0.60, what will be the value
In a policy of fiscal stimulus, government increases its level of expenditure by $175 billion. If the MPC = 0.60, what will be the value of the second shift in aggregate demand, given constant prices? Question 13 options: $175 billion $262.5 billion $350 billion None of the above
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