Asked by Madison

In an economy the marginal propensity to consume is 0.90, and gross domestic product (GDP) is $100 billion. If gross private domestic investment declines by $2 billion, then GDP will

5 years ago

Answered by Anonymous

Decrease by a maximum of $20 billion

5 years ago

Answered by Nix

⬇by a maximum of $20 billion

5 years ago

Answered by jane

1.8

4 years ago

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