=+filled in for you: on the left side of the table, in the first row, the $10

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=+filled in for you: on the left side of the table, in the first row, the $10 billion reduction in government purchases decreases real GDP and disposable income, YD, by $10 billion, leading to a reduction in consumer spending of $6 billion (MPC x change in disposable income) in row

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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