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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 30
Assume the MPC is 0.90 and autonomous investment increases by $500 billion. What will be the impact on real GDP?
Explanation
Verified
Verified
Given,
MPC = 0.90 autonomous investment ...
Economics for Today 9th Edition by Irvin Tucker
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