=+ what is the sum of the changes in real GDP after the 10 rounds?

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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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a. When government purchases decrease by $10 billion, what is the sum of the changes in real GDP after the 10 rounds?
b. When the government reduces transfers by $10 billion, what is the sum of the changes in real GDP after the 10 rounds?
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=+ what is the sum of the changes in real GDP after the 10 rounds?

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Economics

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