Business, 07.08.2021 04:10 kroscioouws0q

Suppose economists observe that an increase in government spending of $14 billion raises the total demand for goods and services by $42 billion. If these economists ignore the possibility of crowding out, they would estimate the marginal propensity to consume (MPC) to be

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Suppose economists observe that an increase in government spending of $14 billion raises the total d...

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