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Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772 Exercise 33
If the multiplier is 5 and investment increases by $3 billion, equilibrium real GDP will increase by:
A) $2 billion.
B) $3 billion.
C) $8 billion.
D) $15 billion.
E) None of the above.
A) $2 billion.
B) $3 billion.
C) $8 billion.
D) $15 billion.
E) None of the above.
Explanation
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Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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