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Potential GDP equals $500 billion. The economy is currently producing GDP equal to $450 billion. If the MP0 is 0.7, then autonomous spending must change
Potential GDP equals $500 billion. The economy is currently producing GDP equal to $450 billion. If the MP0 is 0.7, then autonomous spending must change by $ billion for the economy to move to potential GDP? Please round to two decimal places where needed. 15
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Analysis for Financial Management
Authors: Robert C. Higgins
12th edition
1259918963, 9781260140729 , 978-1259918964
