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Consumer spending increases by $20 billion and MPC is .8 How much will total GFP increase?

Consumer spending increases by $20 billion and MPC is .8 How much will total GFP increase?
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Consumer spending increases by $20 billion and MPC is .8 How much will total GFP increase?

User Checho
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expenditure multiplier, the magnitude of how much real GDP will change in response to an autonomous change
User Tom Lous
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