By how much will GDP change if firms increase their investment by $8 billion and the MPC

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By how much will GDP change if firms increase their investment by $8 billion and the MPC is .80? If the MPC is .67?

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Economics

ISBN: 978-0073375694

18th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn

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Question Posted: May 23, 2013 07:53 AM

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By how much will GDP change if firms increase their investment by $8 billion and the MPC

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GDP will increase 40 billion if the MPC is 80 An MPC of 80 will produce a mult...View the full answer

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