Multiple Choice
FIGURE 23-5
-Refer to Figure 23-5.Suppose that an increase in autonomous investment caused the AD curve to shift to the right,as shown.If the simple multiplier in this model is 4,then how much was the increase in investment?
A) 30
B) 40
C) 50
D) 12
E) not enough information to know
Correct Answer:

Verified
Correct Answer:
Verified
Q10: In the basic AD/AS model,the effect of
Q12: In the short run,the aggregate supply curve
Q32: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5441/.jpg" alt=" FIGURE 23-1 -Refer
Q33: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5441/.jpg" alt=" FIGURE 23-5 -Refer
Q34: All points on an economy's AD curve<br>A)correspond
Q36: Consider the nature of macroeconomic equilibrium.If,at a
Q40: Consider the following news headline: "Governments plan
Q71: Consider the basic AD/AS model.If their unit
Q129: The economy's AS curve is often assumed
Q137: Consider the AD/AS model in which the