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Business, 23.04.2021 15:50 Fetty1738

In the Keynesian-cross model, if the MPC equals 0.8, then a $1 billion increase in government spending increases planned expenditures by and increases the equilibrium level of income by . $1 billion; more than $1 billion $1 billion; $1 billion $0.8 billion; more than $0.8 billion $0.8 billion; $0.8 billion

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In the Keynesian-cross model, if the MPC equals 0.8, then a $1 billion increase in government spendi...
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