Crowdly
Add to Chrome
LG 1. Knowledge Comprehension LO 1.1. Generate knowledge of core concept and...
✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
LG 1. Knowledge Comprehension
LO 1.1. Generate knowledge of core concept and theory
If marginal propensity to consume is 0.80 and the government spend USD 10 billion on new infrastructure, what is the expected maximum total consumption?
0%
0%
100%