Exhibit 12-1

-Given the information in Exhibit 12-1, if government purchases increased to $100, equilibrium real GDP demanded would
A)decrease by $100
B)decrease by $300
C)decrease by $500
D)stay the same
E)increase by $100

Question

Exhibit 12-1
 
-Given the information in Exhibit 12-1, if government purchases increased to $100, equilibrium real GDP demanded would
A)decrease by $100 
B)decrease by $300 
C)decrease by $500 
D)stay the same 
E)increase by $100

Quizplus · Accepted Answer

The Answer of Exhibit 12-1
 
-Given the information in Exhibit 12-1, if government purchases increased to $100, equilibrium real GDP demanded would
A)decrease by $100 
B)decrease by $300 
C)decrease by $500 
D)stay the same 
E)increase by $100

Exhibit 12-1 -Given the Information in Exhibit 12-1, If Government Purchases Increased