In an economy without taxes and imports, an increase in investment of $50 billion increases equilibrium expenditure by $250 billion. What are the values of the multiplier and the slope of the AE curve? The multiplier is and the slope of the AE curve is. >>> Answers to 1 decimal place.

In an economy without taxes and imports, an increase in investment of $50 billion increases equilibrium expenditure by $250 billion. What are the values of the multiplier and the slope of the AE curve? The multiplier is and the slope of the AE curve is. >>> Answers to 1 decimal place.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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