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Business, 25.12.2019 18:31 edgar504xx

Given full-employment output = $2,800, short-run equilibrium output = $2,500, and mps = 0.25 (mpc=0.75), which of the following changes would most likely bring the economy to a full-employment level of national output? select one:
a. $300 increase in government spending
b. $75 increase in government spending
c. $300 decrease in taxes
d. $75 decrease in taxes

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Given full-employment output = $2,800, short-run equilibrium output = $2,500, and mps = 0.25 (mpc=0....
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