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vellojo vellojo
wrote...
Posts: 2982
Rep: 4 0
7 years ago
The multiplier is 5.0 and autonomous expenditure increases by $30 billion. If potential real GDP is unaffected, in the long run, equilibrium real GDP will
A) not change.
B) increase by more than $50 billion.
C) increase by less than $50 billion.
D) increase by $50 billion.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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Answer verified by a subject expert
amishamish
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Posts: 475
7 years ago
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vellojo Author
wrote...
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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