Multiple Choice
Exhibit 11-5
-In an economy characterized by the aggregate expenditure line in Exhibit 11-5,what would the equilibrium real GDP be equal to if autonomous government spending decreased by $100?
A) $400
B) $500
C) $600
D) $700
E) $800
Correct Answer:

Verified
Correct Answer:
Verified
Q40: A change in autonomous net taxes affects
Q41: A $200 increase in government purchases has
Q42: Assume autonomous net taxes rise by $500;
Q43: Of the following fiscal programs,which has the
Q44: Exhibit 11-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 11-5
Q46: A decrease in net taxes<br>A)raises aggregate expenditure
Q47: Exhibit 11-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 11-5
Q48: If the MPC equals 0.75 and G
Q49: A tax is considered to be autonomous
Q50: If the MPC = 0.8,then the simple