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The Prime Minister of Macroland wants to raise its GDP by $900 billion. If Macroland's marginal propensity to consume out of disposable income is 0.7,
The Prime Minister of Macroland wants to raise its GDP by $900 billion. If Macroland's marginal propensity to consume out of disposable income is 0.7, by how much should the Prime Minister increase its government spending to achieve the target?
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