Business, 16.10.2019 04:00 emmaogle2003
Suppose the economy's multiplier is 2. other things equal, a $25 billion decrease in government expenditures on national defense will cause equilibrium gdp to: a. decrease by $50 billion. b. decrease by $150 billion. c. remain unchanged since spending on military goods is unproductive and usually wasteful. d. decrease by $25 billion.
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Suppose the economy's multiplier is 2. other things equal, a $25 billion decrease in government expe...
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