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Figure 23-3 -Refer to Figure 23-3. Suppose That Investment Spending Increases by Spending

Question 10

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Figure 23-3 Figure 23-3 -Refer to Figure 23-3. Suppose that investment spending increases by $10 million, shifting up the aggregate expenditure line and GDP increases from GDP<sub>1</sub> to GDP<sub>2</sub>. If the MPC is 0.9, then what is the change in GDP? A) $9 million B) $10 million C) $90 million D) $100 million
-Refer to Figure 23-3. Suppose that investment spending increases by $10 million, shifting up the aggregate expenditure line and GDP increases from GDP1 to GDP2. If the MPC is 0.9, then what is the change in GDP?


A) $9 million
B) $10 million
C) $90 million
D) $100 million

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