If MPC in an economy is 0.68 and government spending increases by 1.595, what will overall GDP increase by? Please round to two decimal places where needed. If a $550 increase in autonomous investment...


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If MPC in an economy is 0.68 and government spending increases by 1.595, what will overall<br>GDP increase by? Please round to two decimal places where needed.<br>If a $550 increase in autonomous investment causes a $4,109 increase in GDP, what is the MPS?<br>Please round to two decimal places where needed.<br>

Extracted text: If MPC in an economy is 0.68 and government spending increases by 1.595, what will overall GDP increase by? Please round to two decimal places where needed. If a $550 increase in autonomous investment causes a $4,109 increase in GDP, what is the MPS? Please round to two decimal places where needed.

Jun 09, 2022
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