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Use the Following to Answer Questions

Question 48

Multiple Choice

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 net exports fall by $400 billion, equilibrium real GDP will decrease A) $1,000 billion. B) $800 billion. C) $500 billion D) $400 billion.
-(Exhibit: Real GDP and the Multiplier) Holding everything else constant, if net exports fall by $400 billion, equilibrium real GDP will decrease


A) $1,000 billion.
B) $800 billion.
C) $500 billion
D) $400 billion.

Correct Answer:

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