aryanancruz3414 aryanancruz3414
  • 22-03-2024
  • Business
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Suppose the marginal propensity to save is 0.2. If the government reduces its transfers to households by £100 million, then real GDP will:
a. increase by £500 million.
b. decrease by £500 million.
c. increase by £100 million.
d. decrease by £100 million.

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