Ask Question
5 August, 21:56

Assume that the MPC is 0.75. Full employment is considered to be at a GDP level of $500 billion. The GDP is $600 billion. What should the government do to achieve full employment? increase spending by $25 billion reduce spending by $100 billion increase spending by $10 billion reduce spending by $25 billion

+1
Answers (1)
  1. 6 August, 00:24
    0
    The total is 500.75 because if you add them you will get that answer
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Assume that the MPC is 0.75. Full employment is considered to be at a GDP level of $500 billion. The GDP is $600 billion. What should the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers