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Consider the Following Information for an Economy with Demand-Determined Output

Question 72

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Consider the following information for an economy with demand-determined output and a constant price level.There is no government or foreign trade. Consider the following information for an economy with demand-determined output and a constant price level.There is no government or foreign trade. TABLE 21-8 Refer to Table 21-8.The simple multiplier in this economy is A) 2.0. B) 2.5. C) 3.0. D) 4.0. E) 5.0. TABLE 21-8 Refer to Table 21-8.The simple multiplier in this economy is


A) 2.0.
B) 2.5.
C) 3.0.
D) 4.0.
E) 5.0.

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