Suppose there is a 200 billion recessionary gap if there, Business Economics

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Suppose there is a 200 billion recessionary gap if there

Suppose there is a $200 billion recessionary gap. If there are no taxes or imports to restore the economy back to potential GDP how much should government expenditure be changed if the marginal propensity to consume is 0.75? Does government expenditure need to be increased or decreased?

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Business Economics: Suppose there is a 200 billion recessionary gap if there

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Business Economics: Suppose there is a 200 billion recessionary gap if there

Reference No:- TGS01119612

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