Question: By how much will GDP change if firms increase their investment by $8 billion and the MPC is .80? If the MPC is .67?
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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GDP will increase 40 billion if the MPC is 80 An MPC of 80 will produce a mult... View full answer
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