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    Macroeconomics Principles Applications and Tools
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    Exam 11: The Income-Expenditure Model
  5. Question
    -Refer to Table 11
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-Refer to Table 11

Question 9

Question 9

Multiple Choice

  -Refer to Table 11.5. If both G and T increase by 100, equilibrium output will: A)  stay the same. B)  increase by 100. C)  decrease by 100. D)  increase by 200.
-Refer to Table 11.5. If both G and T increase by 100, equilibrium output will:


A) stay the same.
B) increase by 100.
C) decrease by 100.
D) increase by 200.

Correct Answer:

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