=+b. Suppose * is originally $500 billion, the autonomous reduction in planned aggregate spending is $300 million

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=+b. Suppose ¥* is originally $500 billion, the autonomous reduction in planned aggregate spending is $300 million ($0.3 billion), and MPC= 0.5. Calculate Y* after such a change.

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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Question Posted: Oct 08, 2024 03:00 AM

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=+b. Suppose * is originally $500 billion, the autonomous reduction in planned aggregate spending is $300 million ($0.3 billion), and MPC= 0.5. Calculate Y* after such a change.
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=+b. Suppose * is originally $500 billion, the autonomous reduction in planned aggregate spending is $300 million

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Economics

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