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Business, 19.03.2020 06:37 jdiel14

Suppose the economy is in a recession. The economy needs to expand by at least $400 billion, and the marginal propensity to consume is 0.7. What is the least amount the government can spend to overcome the $400 billion gap?

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Suppose the economy is in a recession. The economy needs to expand by at least $400 billion, and the...
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