If the marginal propensity to save is 0.2 and the government decreases its purchases by $20 billion, then real GDP will
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The question seems to be incomplete. However, I can provide a general answer based on the information given.
The marginal propensity to save (MPS) is the increase in household savings due to an increase in national income. If the MPS is 0.2, this means that for every additional dollar of income, h Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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Marginal Propensity to consume + Marginal Propensity to Save is always equal to Group of answer choicesidentical01varies