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Business, 13.08.2020 18:01 keelynnbarrier

Assume the MPC is 0.625. Assume there is a multiplier effect and that the total crowding-out effect is $12 billion. An increase in government purchases of $30 billion will shift aggregate demand to the

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Assume the MPC is 0.625. Assume there is a multiplier effect and that the total crowding-out effect...
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