Question 44 If a $35 billion increase in government expenditures increases equilibrium GDP by $175 billion, then: inflation is occurring. Ⓒthe MPS for this economy is 3. O the MPS for this economy is 2. the multiplier is 4.

Question 44 If a $35 billion increase in government expenditures increases equilibrium GDP by $175 billion, then: inflation is occurring. Ⓒthe MPS for this economy is 3. O the MPS for this economy is 2. the multiplier is 4.

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter5: Gross Domestic Product

Section: Chapter Questions

Problem 6SQP

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