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Consider the Following Information Describing a Closed Economy with No

Question 108

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Consider the following information describing a closed economy with no government.Aggregate output is demand determined and the price level is constant. Consider the following information describing a closed economy with no government.Aggregate output is demand determined and the price level is constant. TABLE 21-6 -Refer to Table 21-6.The simple multiplier in this economy is A) 2.0. B) 2.5. C) 3.0. D) 4.0. E) 5.0. TABLE 21-6
-Refer to Table 21-6.The simple multiplier in this economy is


A) 2.0.
B) 2.5.
C) 3.0.
D) 4.0.
E) 5.0.

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