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Suppose that the government injects 969 million USD to the economy. Also, every company and person spends 80% of their salary and save the rest.
Suppose that the government injects 969 million USD to the economy. Also, every company and person spends 80% of their salary and save the rest. Due to this, 80% of the 969 million gets spent. The rest of the money also 80% is spent, and it goes on and on. What is the total increment in this spending of this government action? Got this question in calculus subject.
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