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Refer to Figure 9.3 for the Following Questions

Question 24

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Refer to Figure 9.3 for the following questions.
Figure 9.3
Refer to Figure 9.3 for the following questions. Figure 9.3 -Suppose that in Figure 9.3, 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) $90 million B) $9 million C) $10 million D) $100 million
-Suppose that in Figure 9.3, 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) $90 million
B) $9 million
C) $10 million
D) $100 million

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