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doggerfresh doggerfresh
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Multiplier Effect of Government Purchases

If an increase in government spending of $400 billion results in a $2.0 trillion increase in equilibrium real GDP, then the government purchases multiplier is ________. (Round to the nearest hundredth when appropriate.)

▸ 400

▸ 800

▸ 200

▸ 0.5
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Macroeconomics

Macroeconomics


Edition: 3rd
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itashiaitashia
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