Given an mpc of 8 if the equilibrium level of aggregate
Macroeconomics Discussion
Given an MPC of .8, if the equilibrium level of aggregate expenditure is 80 billion and there is a reduction in consumption of 2 billion, what will the new equilibrium level of aggregate expenditure be?
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macroeconomics discussiongiven an mpc of 8 if the equilibrium level of aggregate expenditure is 80 billion and there is
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