ECON 2301 Exam 3 (Ch 11,12,13) Flashcards | StudBud

Home Library Explore SAT

Home Library Explore SAT

ECON 2301 Exam 3 (Ch 11,12,13) Flashcards | StudBud

ECON 2301 Exam 3 (Ch 11,12,13)

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Question

If the government increases spending by $300 million and the multiplier equals 2, how much will total output increase?

Answer

$600 million

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