The government spends an additional $708 billion and the marginal propensity to consume is 81%. How much will GDP increa

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

The government spends an additional $708 billion and the marginal propensity to consume is 81%. How much will GDP increa

Post by answerhappygod »

The government spends an additional $708billion and the marginal propensity to consume is81%. How much will GDP increase due tothis additional government spending?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply