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Exhibit 11-2 -Refer to the Graph in the Exhibit.Consider an Economy Characterized

Question 39

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Exhibit 11-2
Exhibit 11-2    -Refer to the graph in the exhibit.Consider an economy characterized by the aggregate expenditure line.Suppose autonomous net taxes decreased by $100.What would the equilibrium real GDP be equal to?   A)  $400  B)  $500  C)  $600  D)  $700
-Refer to the graph in the exhibit.Consider an economy characterized by the aggregate expenditure line.Suppose autonomous net taxes decreased by $100.What would the equilibrium real GDP be equal to?  


A)  $400 
B)  $500 
C)  $600 
D)  $700

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