Question
If the economy spends 80 percent of any increase in real GDP, then an increase in investment of $1 billion would result ultimately in an
If the economy spends 80 percent of any increase in real GDP, then an increase in investment of $1 billion would result ultimately in an increase in real GDP of:
a.$0.
b.$1.0 billion.
c.$5.0 billion.
d.$0.8 billion.
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Understanding Business
Authors: William NickelsJames McHughSusan McHugh
12th Edition
1259929434, 9781259929434
