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If the MPC in an economy is 0.8 and aggregate expenditures increase by $2 billion, then equilibrium GDP will increase by Multiple Choice $10 billion.

If the MPC in an economy is 0.8 and aggregate expenditures increase by $2 billion, then equilibrium GDP will increase by

Multiple Choice

$10 billion.
$2.8 billion.
$16 billion.
$4 billion.

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