What would happen to equilibrium income if, other things being equal, imports increased by $100 billion and

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What would happen to equilibrium income if, other things being equal, imports increased by $100 billion and the marginal propensity to consume was 0.9?

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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Question Posted: Jan 20, 2023 01:36 AM

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What would happen to equilibrium income if, other things being equal, imports increased by $100 billion and

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Net exports would decrease by 10...View the full answer

Exploring Economics

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