Use the following to answer questions .
Exhibit: Real GDP and the Multiplier

-(Exhibit: Real GDP and the Multiplier) Holding everything else constant, if government purchases increase by $100 billion, equilibrium real GDP will increase by
A) $100 billion.
B) $200 billion.
C) $250 billion.
D) $300 billion.

Question

Use the following to answer questions .
Exhibit: Real GDP and the Multiplier
 
-(Exhibit: Real GDP and the Multiplier) Holding everything else constant, if government purchases increase by $100 billion, equilibrium real GDP will increase by
A) $100 billion. 
B) $200 billion. 
C) $250 billion. 
D) $300 billion.

Quizplus · Accepted Answer

The Answer of Use the following to answer questions .
Exhibit: Real GDP and the Multiplier
 
-(Exhibit: Real GDP and the Multiplier) Holding everything else constant, if government purchases increase by $100 billion, equilibrium real GDP will increase by
A) $100 billion. 
B) $200 billion. 
C) $250 billion. 
D) $300 billion.

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