If the MPC in an economy is 0.7, the government could shift the aggregate demandcurve rightward by $30 billion by changing government purchases by $billion.Your Answer:Answer

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ne MPC in an economy is 0.7, the government could shift the aggregate demand ve rightward by $30 billion by changing government purchases by $ billion. ur Answer:

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter11: Managing Aggregate Demand: Fiscal Policy

Section: Chapter Questions

Problem 1TY

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