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In a private closed economy where MPC = 0.80, if consumers reduce their spending by $20 billion and firms cut investments by $5 billion, then

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In a private closed economy where MPC = 0.80, if consumers reduce their spending by $20 billion and firms cut investments by $5 billion, then equilibrium GDP will decrease by 20 Multiple Choice O $20 billion. O $5 billion. O $125 billion. O $100 billion

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