Business, 03.12.2021 20:30 kaydenceskyem
The multiplier effect of fiscal policy predicts that an increase in government spending of $150 billion will increase total income by $500.00 billion if the marginal propensity to consume is 0.70. If we account for crowding-out, then the increase in aggregate demand will be
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answer; communication channel;
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answer; organizational;
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the third answer is correct.
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a. money supply
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The multiplier effect of fiscal policy predicts that an increase in government spending of $150 bill...
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