LO2-3 4. (a) How much more output does the $20 trillion U.S. economy produce when GDP increases

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LO2-3 4.

(a) How much more output does the $20 trillion U.S. economy produce when GDP increases by 1.0 percent?

(b) By how much does this increase per capita income if the population is 340 million?

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The Macro Economy Today

ISBN: 9781264370580

15th Edition

Authors: Bradley R. Schiller; Karen Gebhardt

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