Aishah G.

asked • 04/17/16

GDP to increase by $160 billion. If the MPC is 0.80, to reach the President’s goal government spending must increase by $

Assume you are an economist working on the President’s Council of Economic Advisors. The President wants the U.S. GDP to increase by $160 billion. If the MPC is 0.80, to reach the President’s goal government spending must increase by $???????

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