(all data in real $ bn). On the graph below YO= 1782, Y1= 1868 and Y2 = 2018. If the initial increase in autonomous expenditure AA= 60, the realistic multiplier is AS E1 P1 EO PO ADO AD1 Yin real S bn YO Y1 Y2 O a. 8 O b.3.00 Oc 3.93 O d. 1.43 O e. 3.75

(all data in real $ bn). On the graph below YO= 1782, Y1= 1868 and Y2 = 2018. If the initial increase in autonomous expenditure AA= 60, the realistic multiplier is AS E1 P1 EO PO ADO AD1 Yin real S bn YO Y1 Y2 O a. 8 O b.3.00 Oc 3.93 O d. 1.43 O e. 3.75

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter8: Aggregate Demand And The Powerful Consumer

Section: Chapter Questions

Problem 8DQ

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Question

(all data in real $ bn). On the graph below YO= 1782, Y1= 1868 and Y2 = 2018. If the
initial increase in autonomous expenditure AA= 60, the realistic multiplier is
AS
E1
P1
EO
PO
ADO
AD1
Y in real$ bn
YO
Y1
Y2
O a. 8
O b.3.00
Oc 3.93
O d. 1.43
O e. 3.75

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