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Business, 26.10.2019 06:43 darreny246

Suppose that investment demand increases by $300 billion in a closed and private economy (no government or foreign trade). assume further that households have a marginal propensity to consume of 75 percent. what will be the final cumulative impact on spending? enter your answer in billions. for example if your answer is $600 billion then enter 600. if your answer is $1,500 then enter 1500.

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