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Suppose that technological advancements stimulate $16 billion in additional investment spending. If the MPC = 0.8, how much will the change in investment increase aggregate
Suppose that technological advancements stimulate $16 billion in additional investment spending. If the MPC = 0.8, how much will the change in investment increase aggregate demand?
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- $80 billion
- $16 billion
- $128 billion
- $22.2 billion
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