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If Business Investment Spending Increased by $40 Billion, and 75

Question 227

Multiple Choice

If business investment spending increased by $40 billion, and 75 percent of additional income received was spent, the level of economic activity would increase by:


A) $70.0 billion.
B) $160.0 billion.
C) $190.0 billion.
D) $300.0 billion.

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