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    Macroeconomics Australia Study Set 1
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    Exam 12: Aggregate Expenditure Multiplier
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    During 2018, Exports Increase from $1
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During 2018, Exports Increase from $1

Question 88

Question 88

Multiple Choice

During 2018, exports increase from $1.0 trillion to $1.5 trillion. If the slope of the aggregate planned expenditure (AE) curve is 0.75, real GDP increases by


A) $1.0 trillion.
B) $6.0 trillion.
C) $4.0 trillion.
D) $8.0 trillion.
E) $2.0 trillion.

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