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If Initial Equilibrium Real Gross Domestic Product (GDP)is $400 Billion

Question 383

Multiple Choice

If initial equilibrium real Gross Domestic Product (GDP) is $400 billion, MPC = 0.9, and autonomous investment increases $40 billion, equilibrium real Gross Domestic Product (GDP) will be


A) $440 billion.
B) $360 billion.
C) $600 billion.
D) $800 billion.

Correct Answer:

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