Intermediate Macroeconomics
When disposable personal income is $400, the level of personal saving is: a. –$40. b. –$20. c. $0. d. $20. e. $40. ... is .75, and the federal government increases spending by $100 billion, the income expenditure model would predict that real GDP will increase by: a. $100 billion. b. $750 billion. c. $400 billion. d. $300 billion. e. $150 ... ................
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