Exam 11: The Aggregate Expenditures Model
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Exam 11: The Aggregate Expenditures Model143 Questions
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The $787-billion stimulus package enacted by the Federal government in 2009 to try to deal with the Great Recession was intended to:
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If aggregate expenditures rise by $200 billion and real GDP consequently rises by $500 billion, then the MPC in the economy must be 0.4.
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The table shows a private open economy. All figures are in billions of dollars.
Refer to the above table. If net exports increased by $10 billion at each level of GDP, the equilibrium real GDP would be:

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