Advanced Placement (AP), 13.04.2021 06:10 brandon1748

PLZ HELP ASAP! A Canadian who perfectly matches the statistical average receives additional income amounting to $8,000. She spends $6,000 of it. (e) Assume the government increases government spending by $60 billion. Based on the information, what will be the total possible change in aggregate demand, ceteris paribus?

(f) What is the value of induced spending in the scenario from part (e)?

Just need help on F. AP Macroeconomics problem

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