Question 161 'yui C+1+ (X- IM) -C+L+(X- IM) 120 200 Real GDP 600 If the level of investment spending increases by $100 and the MPC in the economy is 0.8, then the cumulative spending increase after three rounds of spending is A)$280. B)$260. C)$244. D)$220. Bupuads peay
Question 161 'yui C+1+ (X- IM) -C+L+(X- IM) 120 200 Real GDP 600 If the level of investment spending increases by $100 and the MPC in the economy is 0.8, then the cumulative spending increase after three rounds of spending is A)$280. B)$260. C)$244. D)$220. Bupuads peay
Chapter4: The Aggregate Economy
Section: Chapter Questions
Problem 6E
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