Multiple Choice
If an economy consumes 75 percent of any increase in income,then an increase in autonomous investment of $1 billion could result in an increase in Real GDP of as much as
A) $1.0 billion..
B) $4.0 billion.
C) $5.0 billion.
D) $1.8 billion.
E) $6.0 billion.
Correct Answer:
Verified
Correct Answer:
Verified
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