Multiple Choice
If prices are fixed, an increase in aggregate expenditures results in an increase in equilibrium GDP that
A) is greater than the change in aggregate expenditure.
B) is equal to the change in aggregate expenditure.
C) has no necessary relationship to the size of the change in aggregate expenditure.
D) is less than the change in aggregate expenditure.
Correct Answer:
Verified
Correct Answer:
Verified
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