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-Suppose the Price Level Is Fixed

Question 457

Multiple Choice

-Suppose the price level is fixed. If investment increases by $1 trillion and the aggregate expenditure curve is shown in the figure above, in response equilibrium expenditure increases by _ . A) less than $1 trillion. B) $1 trillion. C) $3 trillion. D) None of the above answers are correct.
-Suppose the price level is fixed. If investment increases by $1 trillion and the aggregate expenditure curve is shown in the figure above, in response equilibrium expenditure increases by _ .


A) less than $1 trillion.
B) $1 trillion.
C) $3 trillion.
D) None of the above answers are correct.

Correct Answer:

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