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Suppose government purchases will increase by $100 billion, and a forecasting firm predicts that real GDP will rise in the short run by $100 billion
Suppose government purchases will increase by $100 billion, and a forecasting firm predicts that real GDP will rise in the short run by $100 billion as a result. Would you say that that forecast is accurate? Responses Yes, this forecast is accurate. Yes, this forecast is accurate. No, this forecast is not accurate
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