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In this economy, investment is: 550 billion. $150 billion. $100 billion. $200 bi

ID: 1235176 • Letter: I

Question

In this economy, investment is: 550 billion. $150 billion. $100 billion. $200 billion. The equilibrium level of GDP in this economy is: $700 billion. $300 billion. $900 billion $450 billion. The simple multiplier for this economy is: 2. 4. 3. 5. At the equilibrium level of GDP, consumer expcnditure will be $500billion. $200 billion. $700 billion. cannot be determined from the information given. When C is equal to $300 billion, aggregate: saving will be equal to zero. saving will be equal to $200billion. investment will be equal to $60 billion. investment will be equal to $250 billion.

Explanation / Answer

a) option b b) option c c) option c d) option d

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