Multiple Choice
The expenditure multiplier equals 5 and there is a $3 million increase in investment.Equilibrium expenditure
A) decreases by $15 million.
B) increases by $3 million.
C) increases by $5 million.
D) increases by $15 million.
E) increases by $0.60 million.
Correct Answer:

Verified
Correct Answer:
Verified
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