Suppose the MPC is .90 and the MPI is .10. 1f government expenditures go up $100 billion while taxes fall$10 billion, what happens to the equilibrium level ofreal GDP?
Economics:
Economics:
Suppose the MPC is .90 and the MPI is .10. 1f government expenditures go up $100 billion while taxes fall$10 billion, what happens to the equilibrium level ofreal GDP?
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