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Table 27.1 -Use the Table 27.1 to Answer the Following Question. Suppose

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Table 27.1 -Use the Table 27.1 to answer the following question. Suppose the expenditure multiplier is 4. What will be the impact on equilibrium output of a drop in the interest rate from 15% to 9%, ceteris paribus? Table 27.1
-Use the Table 27.1 to answer the following question. Suppose the expenditure multiplier is 4. What will be the impact on equilibrium output of a drop in the interest rate from 15% to 9%, ceteris paribus?

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Equilibrium output will increase by $320...

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