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Economics

Q1. Assume the price level is fixed, the mpc is .8 and the GDP gap is negative $200 billion. to achieve full employment output (exactly), government should increase government expenses by $40 billion. I don't understand why

Q2. According to Jeffrey Berry, organizations which seek "a collective good, the achievement of which will not selectively also materially benefit the membership or the activities of the organization" are called.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9165507

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