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 4,then what is the value of the multiplier?
A)1.2
B)1.4
C)4
D)2.8
E)3.2

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 4,then what is the value of the multiplier?
A)1.2 
B)1.4 
C)4 
D)2.8 
E)3.2

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 4,then what is the value of the multiplier?
A)1.2 
B)1.4 
C)4 
D)2.8 
E)3.2