Table 27.1
-Use the Table 27.1 to answer the following question. Suppose the expenditure multiplier is 5 and the initial interest rate is 12%. Where will the interest rate have to move to in order to cause equilibrium output to fall by 400 billion?

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The Answer of  Table 27.1
-Use the Table 27.1 to answer the following question. Suppose the expenditure multiplier is 5 and the initial interest rate is 12%. Where will the interest rate have to move to in order to cause equilibrium output to fall by 400 billion?

Table 27.1 -Use the Table 27.1 to Answer the Following Question. Suppose