If the MPC is 0 8 and government purchases decreases by $4,301, holding all else constant, real GDP will change by according to the multiplier effect (assuming no crowding out) ...

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If the MPC is 0.8 and government purchases decreases by $4,301, holding all else constant, real GDP

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If the MPC is 0.8 and government purchases decreases by $4,301, holding all else constant, real GDP will change by _____ according to the multiplier effect (assuming no crowding out).

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Exploring Economics

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Authors: Robert L Sexton

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Posted Date: Jan 29, 2024 03:12 AM

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If the MPC is 0.8 and government purchases decreases by $4,301, holding all else constant, real GDP

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