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Suppose that the level of GDP increased by $500 billion in a private closed economy where the marginal propensity to consume is 0.5. Aggregate expenditures

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Suppose that the level of GDP increased by $500 billion in a private closed economy where the marginal propensity to consume is 0.5. Aggregate expenditures must have increased by Multiple Choice 0 $250 billion. $500 billion. $100 billion. 0 0 $50 billion. 0

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