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Economics

Put aggregate supply (AS) and aggregate demand (AD) together to get to equilibrium output (GDP) and price level (CPI)

Calculate and graph what happens to government (G), AD, GDP, and Prices if the government increases government spending by 100 billion and the MPC = .80.

AD = C(Y-T)+I(r)+G+NX

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91371609

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