Carter Logan
12/29/2023 · Senior High School
Potential GDP equals \( \$ 500 \) billion. The economy is currently producing GDP equal to \( \$ 450 \) billion. If the MPC is 0.74 , then autonomous spending must change bilion for the economy to move to potential GDP? Please round to two decimal places where needed.
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The change in autonomous spending required is approximately $192.31 billion.
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