Ask Question
21 January, 05:20

Tje greek government decides to introduce new austerity measures, which reduce government direct spending by $16 billion. Greece has a marginal propensity to consume of 0.6.

What wilk be the final change in real gdp as a result of this decreased spending?

+2
Answers (1)
  1. 21 January, 06:07
    0
    Tje greek government decides to introduce new austerity measures, which reduce government direct spending by $16 billion. Greece has a marginal propensity to consume of 0.6.

    What wilk be the final change in real gdp as a result of this decreased spending?
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Tje greek government decides to introduce new austerity measures, which reduce government direct spending by $16 billion. Greece has a ...” in 📘 Advanced Placement (AP) if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers