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If the multiplier in an economy is 2, a $10 billion increase in net exports will Multiple Choice increase GDP by $20 billion. reduce GDP
If the multiplier in an economy is 2, a $10 billion increase in net exports will
Multiple Choice
- increase GDP by $20 billion.
- reduce GDP by $5 billion.
- decrease GDP by $20 billion.
- increase GDP by $10 billion.
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The Lever Of Riches Technological Creativity And Economic Progress
Authors: Joel Mokyr
1st Edition
0195074777, 9780195074772
