Increase equilibrium real gdp

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If the marginal propensity to consume is 0.8, by how much willan increase in planned investment spending of $400 billion increase equilibrium real GDP?

Reference no: EM131177041

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Increase equilibrium real gdp : If the marginal propensity to consume is 0.8, by how much willan increase in planned investment spending of $400 billion increase equilibrium real GDP?
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