Business, 15.08.2020 06:01 queenpaige2015

During a recession, the government spends $100 million to stimulate the economy. If the marginal propensity to consume is 0.8, what will be the potential increase in income in the economy as a result of the government increase in the spending level

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During a recession, the government spends $100 million to stimulate the economy. If the marginal pro...

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