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Use the Following to Answer Questions

Question 17

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Use the following to answer questions .
Exhibit: Real GDP and the Multiplier
Use the following to answer questions . Exhibit: Real GDP and the Multiplier -(Exhibit: Real GDP and the Multiplier) Holding everything else constant, if government purchases increase by $100 billion, equilibrium real GDP will increase by A) $100 billion. B) $200 billion. C) $250 billion. D) $300 billion.
-(Exhibit: Real GDP and the Multiplier) Holding everything else constant, if government purchases increase by $100 billion, equilibrium real GDP will increase by


A) $100 billion.
B) $200 billion.
C) $250 billion.
D) $300 billion.

Correct Answer:

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