FIGURE 23-5 Refer to Figure 23-5.Suppose that an increase in government purchases caused the AD curve to shift to the right,as shown.If the simple multiplier in this model is 5,then how much was the increase in government purchases?
A)30
B)40
C)50
D)12
E)not enough information to know

Question

FIGURE 23-5 Refer to Figure 23-5.Suppose that an increase in government purchases caused the AD curve to shift to the right,as shown.If the simple multiplier in this model is 5,then how much was the increase in government purchases?
A)30 
B)40 
C)50 
D)12 
E)not enough information to know

Quizplus · Accepted Answer

The Answer of  FIGURE 23-5 Refer to Figure 23-5.Suppose that an increase in government purchases caused the AD curve to shift to the right,as shown.If the simple multiplier in this model is 5,then how much was the increase in government purchases?
A)30 
B)40 
C)50 
D)12 
E)not enough information to know