Multiple Choice
FIGURE 23-5 Refer to Figure 23-5.Suppose that an increase in autonomous investment caused the AD curve to shift to the right,as shown.If the simple multiplier in this model is 5,then what is the value of the multiplier?
A) 1.2
B) 1.5
C) 4.0
D) 5.0
E) not enough information to know
Correct Answer:
Verified
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