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Suppose that the marginal propensity to consume in Balcania is 0.40. Assume that there is an increase in investment spending by $10 million. By how

Suppose that the marginal propensity to consume in Balcania is 0.40. Assume that there is an increase in investment spending by $10 million. By how much will aggregate expenditures increase in Balcania? Aproximate to the nearest two decimals. a. $10 million b. $16.7 million c. $4 million d. $40 million

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