Business, 19.07.2020 01:01 boog89

3. Assume that initially G is $300 and equilibrium real GDP is $5000. If the multiplier is 5, what would be the new equilibrium level of GDP if Government expenditures increase to $500.

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3. Assume that initially G is $300 and equilibrium real GDP is $5000. If the multiplier is 5, what w...