Calculate the change in the level of real gdp demanded

Reference no: EM13234861

Assume that government purchases decrease by $10 billion, with other factors held constant, including the price level. Calculate the change in the level of real GDP demanded for each of the following values of the MPC

Reference no: EM13234861

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Calculate the change in the level of real gdp demanded : Assume that government purchases decrease by $10 billion, with other factors held constant, including the price level. Calculate the change in the level of real GDP demanded for each of the following values of the MPC

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