=+ b. Real GDP equals $250 billion, potential output equals $200 billion, and the marginal propensity to

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b. Real GDP equals $250 billion, potential output equals $200 billion, and the marginal propensity to consume is 0.5.

c. Real GDP equals $180 billion, potential output equals $100 billion, and the marginal propensity to consume is 0.8.

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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Question Posted: Oct 08, 2024 08:00 AM

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=+ b. Real GDP equals $250 billion, potential output equals $200 billion, and the marginal propensity to

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