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Suppose that level of GDP increased by $500 billion in a private closed economy where the marginal propensity to consume is 0.5. Aggregate expenditures must
Suppose that level of GDP increased by $500 billion in a private closed economy where the marginal propensity to consume is 0.5. Aggregate expenditures must have increased by
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Economics Today The Macro View
Authors: Roger LeRoy Miller
19th Edition
0134478762, 978-0134478760
