Multiple Choice
During 2015,a country reported that its real GDP increased by $3.0 billion.If the slope of its aggregate planned expenditure curve is 0.9,then which of the following might have led to the increase in real GDP?
A) Imports increased by $0.3 billion.
B) Government expenditure on goods and services increased by $3 billion.
C) Exports increased by $0.3 billion.
D) Investment decreased by $0.3 billion.
E) Exports decreased by $0.3 billion.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: When the multiplier is _, an autonomous
Q59: When aggregate planned expenditure is less than
Q158: The _ the marginal propensity to import,the
Q159: Which of the following reduces the magnitude
Q160: The _ the marginal tax rate,the _
Q162: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1012/.jpg" alt=" -The above table
Q164: On a graph of the consumption function,where
Q166: The smaller the slope of the aggregate
Q167: A shift in the aggregate planned expenditure
Q168: A movement along the AE curve arises