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Assume that MPC​ = 0 80 when answering the following questions If government expenditures


Assume that MPC​ = 0.80 when answering the following questions.

-If government expenditures

rise by ​$1.50 ​billion, calculate how much the aggregate expenditure curve will shift upward.

​$1.50 billion.

-Calculate the change in equilibrium real GDP per year. ​$7.5 billion.

******This is the portion I need help with please!!

1.If taxes increase by ​$2