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(Solved): If the MPC is.70 and gross investment increases by $3 billion, the equilibrium GDP will:
Multiple C ...
If the MPC is.70 and gross investment increases by $3 billion, the equilibrium GDP will:
Multiple Choice
increase by about $10 billion.
increase by $2.10 billion.
decrease by $4.29 billion.
increase by $4.29 billion.