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Sublight2097 Sublight2097
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8 years ago
Suppose Ed Sike, whom you've met in chapter 8, loses one of his $10 bills. What directly happens to GDP?
A) It increases by ten dollars.
B) It decreases by ten dollars.
C) It decreases by more than ten dollars due to an unavoidable multiplier process.
D) It remains unchanged.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SydnieSydnie
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8 years ago
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Sublight2097 Author
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#2
8 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
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