Business, 08.02.2021 21:40 miami158999

Suppose a closed economy with no government spending or taxing is capable of producing an output of $1850 at full employment. Suppose also that autonomous consumption is $100, intended investment is $200, and the mpc is 0.50. How much additional autonomous spending (for instance, from the government) is needed to move the economy to full employment

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Suppose a closed economy with no government spending or taxing is capable of producing an output of...

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