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Suppose that technological advancements stimulate $40 billion in additional investment spending. If the MPC = 0.6, how much will the change in investment increase aggregate

Suppose that technological advancements stimulate $40 billion in additional investment spending. If the MPC = 0.6, how much will the change in investment increase aggregate demand?

  • $100 billion
  • $40 billion
  • $24 billion
  • $33.3 billion

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