Suppose that the level of GDP increased by $500 billion in a private closed economy where the marginal propensity to consume is 0.8. Aggregate expenditures must have increased by

Suppose that the level ofGDP increased by $500 billion in a private closed economy where the marginal propensity to consume is 0.8. Aggregate expenditures must have increased by Multiple Choice 0 $100 billion. $500 billion. $50 billion. O 0 $400 billion. 0