Question 2 Not yet answered Flag question If investment expenditures decrease by $4 billion, causing equilibrium real GDP to fall by $12 billion, the multiplier is: a. 3 b. 0.33 c. 1.5 d. 0.67 Give your reasons

Question 2 Not yet answered Flag question If investment expenditures decrease by $4 billion, causing equilibrium real GDP to fall by $12 billion, the multiplier is: a. 3 b. 0.33 c. 1.5 d. 0.67 Give your reasons

Macroeconomics: Principles and Policy (MindTap Course List)

13th Edition

ISBN:9781305280601

Author:William J. Baumol, Alan S. Blinder

Publisher:William J. Baumol, Alan S. Blinder

Chapter8: Aggregate Demand And The Powerful Consumer

Section: Chapter Questions

Problem 8DQ

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