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Q. Assume 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.

Q. Demand QS-2500 7500($0.15) and Quanity Supplied -2,500+7,500($0.15) What is the quantity Supplied and the quantity Demanded It is a Surplus or shortage

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9280765

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