Author Question: Increases in investment exceed increases in output because of the multiplier effect. Indicate ... (Read 117 times)

kshipps · **on:** Jun 30, 2018

Increases in investment exceed increases in output because of the multiplier effect.

Indicate whether the statement is true or false

Question 2

In the above figure, what is the equilibrium level of real GDP with government and the foreign sector?

A) 4.0 trillion B) 2.5 trillion C) 3.0 trillion D) 2.0 trillion