Suppose that the level of gdp increased by 100 billion in a
Suppose that the level of GDP increased by $100 billion in a private closed economy where the marginal propensity to consume is 0.5. Aggregate expenditures must have increased by: A) $100 billion. B) $50 billion. C) $500 billion. D) $5 billion.
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suppose that the level of gdp increased by 100 billion in a private closed economy where the marginal propensity to
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