What could be the full increase in real gdp from the change, Ask an Expert

Economics

1. The economy is in a recession. The government enacts a policy to increase spending by $2 billion. The MPS is .

2. What would be the full increase in real GDP from the change in government spending assuming that the aggregate supply curve is horizontal across the range of GDP being considered?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9272938

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