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The slope of the AE curve is .80. What is the expenditure multiplier?Everything else the same, by how much does equilibrium aggregate expenditure increase if
The slope of the AE curve is .80. What is the expenditure multiplier?Everything else the same, by how much does equilibrium aggregate expenditure increase if
- Exports increase from $1.75 trillion to $2.25 trillion.
- Government expenditures on goods and services decrease from $2.0 trillion to $1.8 trillion.
- Investment increase from $1.2 trillion to $2.3 trillion.
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