8. If a $50 billion initial increase in spending leads to a $250 billion change in real...
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8. If a $50 billion initial increase in spending leads to a $250 billion change in real GDP, how big is the multiplier? LO10.5
a. 1.0.
b. 2.5.
c. 4.0.
d. 5.0.
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Related Book For
Macroeconomics
ISBN: 9781259915673
21st Edition
Authors: Campbell McConnell, Stanley Brue , Sean Flynn
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