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The economy is In a recession. The government enacts a policy to increase spending by S2 billon. The MPS IS 0.25. What would be the full increase in real GDP from the change in government spending. assuming that the aggregate supply curve is horizontal across the range of GDP being considered? Multiple Choice $8 billion $2 billion $16 bilon $4 billon O O O O

The economy is In a recession. The government enacts a policy to increase spending by S2 billon. The MPS IS 0.25. What would be the full increase in real GDP from the change in government spending. assuming that the aggregate supply curve is horizontal across the range of GDP being considered? Multiple Choice $8 billion $2 billion $16 bilon $4 billon O O O O

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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The economy Is In a recession. The government enacts a policy to Increase spending by $2 billion. The MPS Is 0.25. What would be the full Increase in real GDP from the change In government spending, assuming that the aggregate supply curve Is horizontal across the range of GDP belng considered? Multiple Cholce $8 billion $2 billion $16 billion $4 billion
Transcribed Image Text:The economy Is In a recession. The government enacts a policy to Increase spending by $2 billion. The MPS Is 0.25. What would be the full Increase in real GDP from the change In government spending, assuming that the aggregate supply curve Is horizontal across the range of GDP belng considered? Multiple Cholce $8 billion $2 billion $16 billion $4 billion
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