Question
Suppose the economy's multiplier is 4. Other things equal, a $25 billion decrease in government expenditures on national defense will cause equilibrium GDP to Multiple
Suppose the economy's multiplier is 4. Other things equal, a $25 billiondecreasein government expenditures on national defense will cause equilibrium GDP to
Multiple Choice
- decrease by $100 billion.
- decrease by $150 billion.
- increase by $100 billion.
- decrease by $25 billion.
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The Economics of Women Men and Work
Authors: Francine D. Blau, Marianne A. Ferber, Anne E. Winkler
7th edition
978-0190670863, 019067086X, 132992817, 978-0132992817
