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book Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn cover

Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn

Edition 20ISBN: 978-0077660772
book Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn cover

Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn

Edition 20ISBN: 978-0077660772
Exercise 36
If the spending-income multiplier is 4 in the economy depicted, an increase in the money supply from $125 billion to $150 billion will:
A) shift the aggregate demand curve rightward by $20 billion.
B) increase real GDP by $25 billion.
C) increase real GDP by $100 billion.
D) shift the aggregate demand curve leftward by $5 billion.
Explanation
Verified
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Hence, the correct answer is a. shift th...

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Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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