If the multiplier in an economy is 5, a $20 billion increase in net exports will:
A) increase GDP by $100 billion.
B) reduce GDP by $20 billion.
C) decrease GDP by $100 billion.
D) increase GDP by $20 billion.
Correct Answer:
Verified
Q98: Other things equal, if a change in
Q99: Actual investment may be defined as:
A)gross investment
Q100: Planned plus unplanned investment equals:
A)actual investment.
B)consumption of
Q101: The table shows a private, open economy.All
Q102: Q104: The marginal propensity to import is: Q105: Complete the following table and answer the Q106: Complete the following table and answer the Q107: If the equilibrium level of GDP in Q108: ![]()
A)the change![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents