If the marginal propensity to consume is 0.75 and government purchases of goods and services decrease by $20 billion, re

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answerhappygod
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If the marginal propensity to consume is 0.75 and government purchases of goods and services decrease by $20 billion, re

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If the marginal propensity to consume is 0.75 and governmentpurchases of goods and services decrease by $20 billion, real GDPwill:
increase by $15 billion.
decrease by $80 billion.
increase by $22.5 billion.
decrease by $15 billion.
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