=+filled in for you. In the first row, the increase of planned investment spending of $10 billion

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=+filled in for you. In the first row, the increase of planned investment spending of $10 billion raises real GDP and YD by $10 billion, leading to an increase in consumer spending of $5 billion (MPC change in disposable income) in row 2, raising real GDP and YDby a further $5 billion.


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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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