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Home Q & A Board Other Fields Homework Help Business Economics
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vellojo vellojo
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7 years ago
In an economy, the government expenditure multiplier is 3. If government expenditure increases by $1 million, then in the short run, the price level ________ and real GDP ________ $3 million.
A) rises; equals
B) rises; decreases by less than
C) rises; increases by less than
D) falls; decreases by less than
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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ukraniaukrania
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vellojo Author
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#2
7 years ago
I went through a flood of websites until I signed up here lol Glad I did
Studying economics @ Edinburgh U
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#3
7 years ago
Thanks Upwards Arrow
Dream it. Person Raising Both Hands in Celebration
Wish it. Person Raising Both Hands in Celebration
Do it. Person Raising Both Hands in Celebration
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