Multiple Choice
If an economy saves 20 percent of any increase in real Gross Domestic Product (GDP) , then an increase in investment of $1 billion can produce an increase in real Gross Domestic Product (GDP) of as much as
A) $2 billion.
B) $5 billion.
C) $8 billion.
D) $10 billion.
Correct Answer:
Verified
Correct Answer:
Verified
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