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NYC NYC
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8 years ago
Assume there is no government or foreign sector. If the multiplier is 10, a $5 billion increase in investment will cause aggregate output to increase by:
A) $5 billion.
B) $50 billion.
C) $15 billion.
D) $2 billion.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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8 years ago
Perfect answer, thank you
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