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24-02-2024
Business

contestada

Given, autonomous consumption = 400.0, marginal propensity to consume =
.80, investment = 850.0, government spending = 900.0, exports = 150.0,
imports = 75.0, and taxes = 0 (billion, $)

d. From c) above, if full-employment output is 11,200.0, what type of gap exists in the economy?

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