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2007-11-23
a country has a marginal propensity to save of 0.15 and a marginal
propensity to import of 0.4 real domestic spending now decreases by $2 billion
1 according to the spengding multiplier,by how much will domestic product and income change
2 what is the change in the country is imports
3 if this country is large,what effect will this have on foreign product and income?explain
4 will the change in foreign product and income tend to counteract or reinforce the change
in zhe first country is domestic product and income?explain
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