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In Keynesian theory, an increase in government spending of $4 billion combined with an increase in taxes of $4 billion will change Real GDP by
In Keynesian theory, an increase in government spending of $4 billion combined with an increase in taxes of $4 billion will change Real GDP by __________ billion if the marginal propensity to consume is 0.80.
Group of answer choices
$10
$4
$6
$16
none of the above
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