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vellojo vellojo
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7 years ago
In the short run, with fixed prices and no imports and no income taxes, an increase in investment of $100 billion
A) decreases real GDP because of the decrease in induced expenditures.
B) increases real GDP by less than $100 billion.
C) increases real GDP by more than $100 billion.
D) increases real GDP by $100 billion.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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yaderayadera
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#1
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7 years ago
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vellojo Author
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#2
7 years ago
Thank you for this

Comes at the right time too!

Good luck on your exams
Studying economics @ Edinburgh U
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