Assume the current equilibrium level of income is $200 billion as compared to the full-employment income level

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Assume the current equilibrium level of income is $200 billion as compared to the full-employment income level of $240 billion. If the MPC is .625, what change in aggregate expenditures is needed to achieve full employment?

A decrease of $12 billion.

An increase of $25 billion.

An increase of $10 billion.

An increase of $15 billion.

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Chemistry

ISBN: 9781305957404

10th Edition

Authors: Steven S. Zumdahl, Susan A. Zumdahl, Donald J. DeCoste

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Posted Date: Nov 22, 2022 01:01 PM

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Assume the current equilibrium level of income is $200 billion as compared to the full-employment income level

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Answer ANSWER option d An increase of 15 billion 47 Given MPC 0... View the full answer

Chemistry

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