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Suppose that an economy is in equilibrium at a real GDP of $10 trillion at a price level of 100. Theshort-run aggregate supply curve isupward-sloping
Suppose that an economy is in equilibrium at a real GDP of $10 trillion at a price level of 100. Theshort-run aggregate supply curve isupward-sloping and there is an increase in autonomous expenditures of $0.30 trillion. This increase in expenditures enabled the real GDP to increase to $10.50 trillion. The change in the price level has changed the multiplier to
A.
5.722.
B.
9.70.
C.
8.58.
D.
1.667.
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