A multiplier of 10 means that a $100 billion increase in investment will
A) increase equilibrium real GDP by $100 billion.
B) decrease equilibrium real GDP by $1000 billion.
C) increase equilibrium real GDP by $10 billion.
D) increase equilibrium real GDP by $1000 billion.
Correct Answer:
Verified
Q214: As the MPC rises,the multiplier
A)will rise.
B)will fall.
C)will
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A)are
Q216: An increase in the rate of economic
Q217: The paradox of thrift suggests that
A)"a penny
Q218: In order to pass any fiscal policy
Q220: Which of the following policies should be
Q221: Statement I.When there's an inflationary gap,equilibrium GDP
Q222: If our deficit falls steadily over the
Q223: Which statement is the most accurate about
Q224: Which statement is true?
A)The national debt is
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