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Suppose the MPC = 0.90 and there are no taxes or imports. What dos the multiplier equal? If the initial equilibrium aggregate expenditure is $12 trillion, what will be the effect on aggregate expenditure of a $100 billion increase in investment?
American Society
The social structure, practices, and cultural norms of the people living in the United States.
Immigrants
Individuals who move from one country to another with the intention of settling permanently or for a long-term stay.
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Individuals or groups who advocate for political and social improvements within a community or society.
Effectiveness
The degree to which something achieves its intended outcome or results with a minimum amount of waste, expense, or unnecessary effort.
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