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The economy shown here has experienced a negative aggregate demand shock and is currently in a recession. The marginal propensity to consume is 0.80
The economy shown here has experienced a negative aggregate demand shock and is currently in a recession. The marginal propensity to consume is 0.80
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Economics of Strategy
Authors: David Besanko, David Dranove, Mark Shanley, Scott Schaefer
6th edition
978-1118273630, 111827363X, 978-1118319185
