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Figure 10.2 SAAS Price level LAAS, LRAS SHAS 112 110 ADE AD 110 11.8 12.1 Real GDP (billions of dollars) In Figure 10.2, given the

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Figure 10.2 SAAS Price level LAAS, LRAS SHAS 112 110 ADE AD 110 11.8 12.1 Real GDP (billions of dollars) In Figure 10.2, given the economy is at point A in year 1 and point B in year 2, what is the growth rate in potential GDP between those two years? Select one: Oa. 9.1% Ob. 8% O c. 12% O d. 10%If some people who receive bank loans hold part of the amount as currency instead of depositing the full amount, the deposit multiplier to be _ _ _ _ _ _ _ it would have been if all loans are fully deposited in banks. Select one: O a. greater than O b. the same as O c. either greater than or smaller than O d. smaller thanFigure 9.3 Suppose that in Figure 23, investment spending increases by $10 million, shifting up the aggregate expenditure Line and GDP increases from GDP1 to GDP2. If the MPC is 0.9, then what is the change in GDP? Select one: O a. $90 million O b. s9 million O c. $10 million O d. $100 millionConsumption spending is 56 million, planned investment spending is $8 million, unplanned investment spending is -$2 million, government purchases are $10 million, and net export spending is $2 million. What is the GDP? Select one: O a. $15 million O b. $22 million O c. $25 million O d. $27 million

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