Multiple Choice
Answer the question on the basis of the following information for a private closed economy: Refer to the information.In this economy,a 3 percentage point decrease in the interest rate will:
A) increase equilibrium GDP by $200.
B) increase equilibrium GDP by $50.
C) increase equilibrium GDP by $100.
D) decrease equilibrium GDP by $50.
Correct Answer:

Verified
Correct Answer:
Verified
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