dbyram1742 dbyram1742
  • 26-04-2024
  • Business
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Consider a model in which output is​ demand-determined. If the marginal propensity to spend out of national income is 0.40​, then a ​$1.0 billion increase in government purchases will cause equilibrium national income toenter your response here. ​(Round the answer to two decimal​ places.)

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