Multiple Choice
During 2010, 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) $2.0 trillion.
C) $4.0 trillion.
D) $6.0 trillion.
E) $8.0 trillion.
Correct Answer:
Verified
Correct Answer:
Verified
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