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Let s denote the marginal propensity to save and m denote the marginal propensity to import. If s = 0.25 and m = 0.15, then
Let s denote the marginal propensity to save and m denote the marginal propensity to import. If s = 0.25 and m = 0.15, then a permanent increase in desired aggregate expenditures of $40 billion will increase the economy's equilibrium real GDP by $Blank______ billion. Multiple choice question. 100 120 80
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