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If the MPC in an economy is 0.8 and aggregate expenditures increase by $14 billion, then equilibrium GDP will increase by Multiple Choice $70 billion.

If the MPC in an economy is 0.8 and aggregate expenditures increase by $14 billion, then equilibrium GDP will increase by

Multiple Choice

$70 billion.
$6.8 billion.
$80 billion.
$14 billion.

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