Suppose the government increases education spending by $20 billion. If the marginal propensity to consume is 0.87,

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Suppose the government increases education spending by $20 billion. If the marginal propensity to consume is 0.87, by how much will total spending increase?

Posted Date: Jun 22, 2024 05:02 PM

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Suppose the government increases education spending by $20 billion. If the marginal propensity to consume is 0.87,

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