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 net taxes decreased by $100?
A) $400
B) $500
C) $600
D) $700
E) $800
Correct Answer:

Verified
Correct Answer:
Verified
Q26: An autonomous net tax will<br>A)decrease disposable income
Q27: Assume autonomous net taxes fall by $300;
Q28: Which of the following will not increase
Q29: If the multiplier for autonomous government purchases
Q30: An increase in net taxes<br>A)raises aggregate expenditure
Q32: Assume that initially G is $100 and
Q33: Assume autonomous net taxes fall by $300;
Q34: Assume autonomous net taxes rise by $500;
Q35: A $200 increase in government purchases has
Q36: Exhibit 11-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 11-5