(Answered) Gdp is 14 trillion government wishes to increase real gdp

Economics

GDP is $14 trillion. government wishes to increase real gdp to 15 trillion. marginal propensity to consume (mpc) is 0.8, and every $1.00 increase in real government spending crowds out $0.50 in real planned investment expenditures. what change in government spending could yield the desired level of real gdp.

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