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    Macroeconomics Study Set 17
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    Exam 12: Aggregate Expenditure and Output in the Short Run
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    Equations for C,I,G,and NX Are Given Below
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Equations for C,I,G,and NX Are Given Below

Question 240

Question 240

Multiple Choice

Equations for C,I,G,and NX are given below.If the equilibrium level of GDP is $32,000,what will the new equilibrium level of GDP be if government spending increases to 2,500? C = 5,000 + (MPC) Y
I = 1,500
G = 2,000
NX = -500


A) $32,500
B) $34,000
C) $38,000
D) $42,000

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