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Suppose that the marginal propensity to consume is

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Suppose that the marginal propensity to consume is 0.8, and investment spending increases by $100 billion. What is The increase in aggregate demand? How to calculate the answer?

Reference no: EM13781071

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Suppose that the marginal propensity to consume is : Suppose that the marginal propensity to consume is 0.8, and investment spending increases by $100 billion. What is The increase in aggregate demand? How to calculate the answer?
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