Business, 13.08.2019 05:20 dwilburn01

If the marginal propensity to save (mps) is 0.25, investment spending (i) is $600 million, and the government increases its purchases of goods and services (g) by $150 million, then real gdp increases by
a) 200 million
b) $600 million
c) $800 million
d) $2,400 million

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If the marginal propensity to save (mps) is 0.25, investment spending (i) is $600 million, and the g...

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