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If the multiplier in an economy is 3, a $40 billion increase in net exports will Multiple Choice increase GDP by $120 billion. reduce GDP
If the multiplier in an economy is 3, a $40 billion increase in net exports will
Multiple Choice
- increase GDP by $120 billion.
- reduce GDP by $12 billion.
- decrease GDP by $120 billion.
- increase GDP by $40 billion.
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
