Figure 23-3 
-Refer to Figure 23-3.Suppose that investment spending decreases by $5 million,decreasing aggregate expenditure and decreasing real GDP from GDP2 to GDP1.If the MPC is 0.8,then what is the change in GDP?
Definitions:
Business Venture
An entrepreneurial enterprise or new business that is undertaken with the expectation and plan of achieving financial gains.
Ultra Conservative
describes an extremely cautious investment strategy or stance, prioritizing capital preservation over growth or high returns.
False Consensus
A cognitive bias where an individual overestimates the extent to which their beliefs, values, or opinions are shared by others.
Recession
A significant decline in economic activity across the economy, lasting more than a few months, typically visible in real GDP, income, employment, industrial production, and wholesale-retail sales.
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