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    Exam 12: Fiscal Policy
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    Exhibit 12-2 -In an Economy Characterized by the Aggregate Expenditure Line in Expenditure
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Exhibit 12-2 -In an Economy Characterized by the Aggregate Expenditure Line in Expenditure

Question 16

Question 16

Multiple Choice

Exhibit 12-2 Exhibit 12-2   -In an economy characterized by the aggregate expenditure line in Exhibit 12-2, what would the equilibrium real GDP be equal to if autonomous net taxes decreased by $100? A) $400 B) $500 C) $600 D) $700 E) $800
-In an economy characterized by the aggregate expenditure line in Exhibit 12-2, what would the equilibrium real GDP be equal to if autonomous net taxes decreased by $100?


A) $400
B) $500
C) $600
D) $700
E) $800

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