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Exhibit 12-2 -In an Economy Characterized by the Aggregate Expenditure Line in Aggregate

Question 43

Multiple Choice

Exhibit 12-2
Exhibit 12-2 -In an economy characterized by the aggregate expenditure line in Exhibit 12-2, if net taxes was independent of the level of real GDP what would the tax multiplier be equal to? A) 0 B) 1 C) 2 D) 3 E) 4
-In an economy characterized by the aggregate expenditure line in Exhibit 12-2, if net taxes was independent of the level of real GDP what would the tax multiplier be equal to?


A) 0
B) 1
C) 2
D) 3
E) 4

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