Multiple Choice
During 2010, 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 lead to the increase in real GDP?
A) exports decreased by $0.3 billion
B) exports increased by $0.3 billion
C) imports increased by $0.3 billion
D) government expenditure on goods and services increased by $3 billion
E) investment decreased by $0.3 billion
Correct Answer:
Verified
Correct Answer:
Verified
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