The change in equilibrium GDP is: $|:| billion. (Round your solution to one decimal place. ) Suppose the govemment increases expenditures by $20 billion and
The change in equilibrium GDP is: $|:| billion. (Round your solution to one decimal place. )
Suppose the govemment increases expenditures by $20 billion and the marginal propensity to consume is 0.90. By how much will equilibrium GDP change? The change in equilibrium GDP is: $ billion. (Round your solution to one decimal place.)
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