(a) How much more output does the $18 trillion U.S. economy produce when GDP increases by 1.0...

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(a) How much more output does the $18 trillion U.S. economy produce when GDP increases by 1.0 percent?

(b) By how much does this increase the average (per capita) income if the population is 320 million?

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The Macro Economy Today

ISBN: 978-1259291821

14th edition

Authors: Bradley R. Schiller, Karen Gebhardt

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