Question
Suppose aggregate output isdemand-determined. If the business community decreases its planned investment expenditures by $4 billion, causing equilibrium national income to fall by $12 billion,
Suppose aggregate output isdemand-determined. If the business community decreases its planned investment expenditures by $4 billion, causing equilibrium national income to fall by $12 billion, the marginal propensity to spend must be
why is it 2/3?
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The Ethics Of The New Economy Restructuring And Beyond
Authors: Leo Groarke
1st Edition
1554586933, 9781554586936
