Suppose in a simple economy with no foreign sector, the MPC is equal t – InterviewSolution

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1.	Suppose in a simple economy with no foreign sector, the MPC is equal to 0.75. How much government spending (∆G) would be needed to raise output by 100 million?
Answer» Suppose in a simple economy with no foreign sector, the MPC is equal to 0.75. How much government spending (∆G) would be needed to raise output by 100 million?

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