Multiple Choice
If the multiplier is 4, a $15 billion increase in government expenditures will shift the AD curve:
A) to the right by $15 billion.
B) to the left by $15 billion.
C) to the right by $60 billion.
D) to the left by $60 billion.
Correct Answer:

Verified
Correct Answer:
Verified
Q32: Many economists have argued that labor market
Q50: A fall in a foreign country's income
Q70: A fall in the price level:<br>A)reduces the
Q99: If the price level falls but people
Q103: Under what circumstances is it most clear
Q119: The long-run aggregate supply curve plays an
Q146: Refer to the graph shown.If the price
Q163: An increase in aggregate demand:<br>A)raises potential output.<br>B)reduces
Q165: An increase in the price level:<br>A)increases the
Q217: A recessionary gap exists when:<br>A)aggregate demand exceeds