MACRO ECON 6
MACRO ECON 6
6th Edition
ISBN: 9780357689820
Author: MCEACHERN
Publisher: CENGAGE L
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Chapter 9, Problem 10P

Sub-Part

A

To determine

The size of the simple spending multiplier and the total change in real GDP demanded following a $10 billion decrease in spending, for MPC = 0.9

B

To determine

The size of the simple spending multiplier and the total change in real GDP demanded following a $10 billion decrease in spending, for MPC= 0.75

C

To determine

The size of the simple spending multiplier and the total change in real GDP demanded following a $10 billion decrease in spending, forMPC = 0.6

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