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In the aggregate expenditures model, assume that the MPC is 0.75. An increase in investment spending of $6 billion would produce an ultimate increase in real GDP of:
Herbert Gintis
An economist and interdisciplinary scholar recognized for his contributions to understanding the intersection of economics and sociology, particularly in regards to education, game theory, and human behavior.
Hidden Curriculum
The implicit, informal lessons, values, and viewpoints that students absorb during their time in school, even though they are not part of the formal curriculum.
Curriculum Presented
The content and material offered by an educational institution for learning and instruction in a specific course or program.
School Organized
Refers to activities, events, or systems deliberately structured and implemented by educational institutions to achieve specific academic or extracurricular objectives.
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