Question
A $10 Billion increase in investment will cause a: A.(1/MPS) x 10 billion increase in equilibrium GDP B. (1-MPC) x 10 billion increase in equilibrium
A $10 Billion increase in investment will cause a:
A.(1/MPS) x 10 billion increase in equilibrium GDP
B. (1-MPC) x 10 billion increase in equilibrium GDP
C. (MPS) x 10 billion increase in equilibrium GDP
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Macroeconomics
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
6th Canadian Edition
321675606, 978-0321675606
