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Assume a nation's economy is in recession. The nation has an MPC of 0.9 and the government wants to enact fiscal policy to shift the AD curve by $10 billion dollars. What must the government do to its current spending rate?

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Assume a nation's economy is in recession. The nation has an MPC of 0.9 and the government wants to enact fiscal policy to shift the AD curve by $10 billion dollars. What must the government do to its current spending rate?






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