If Korean exports to the United States decline by $15 billion (World View, p. 216) by how

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If Korean exports to the United States decline by $15 billion (World View, p. 216) by how much will cumulative Korean spending drop if their MPC is 0.75?

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The Macro Economy Today

ISBN: 978-1259291821

14th edition

Authors: Bradley R. Schiller, Karen Gebhardt

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