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Table 13-3 All Figures in Billions of Base-Year Dollars

Question 76

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Table 13-3
All figures in billions of base-year dollars
Table 13-3 All figures in billions of base-year dollars -Refer to Table 13-3. Suppose the equilibrium level of real GDP at the prevailing price is $500 billion below potential real GDP. All else constant, by how much should autonomous aggregate expenditures be increased to reach potential output? A) $150 billion B) $200 billion C) $400 billion D) $500 billion
-Refer to Table 13-3. Suppose the equilibrium level of real GDP at the prevailing price is $500 billion below potential real GDP. All else constant, by how much should autonomous aggregate expenditures be increased to reach potential output?


A) $150 billion
B) $200 billion
C) $400 billion
D) $500 billion

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