-In the Above Figure, AE₀ is the Aggregate Planned Expenditure

question 26

Multiple Choice

-In the above figure, AE₀ is the aggregate planned expenditure curve and then investment increases by an additional $3 trillion. As a result, the new equilibrium GDP will be

• A) $12 trillion.
• B) $6 trillion.
• C) $3 trillion.
• D) None of the above answers is correct.

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Definitions:

Charge Of Negligence

An accusation made against an individual or entity for failing to act with the care that a reasonably prudent person would have in the same circumstances.

Lawfully

In a manner that is in accordance with the law, legally permitted or authorized.

Duty To Act

A legal obligation that requires a person to take a certain action or perform a certain duty, often in emergency situations to avoid liability for harm caused by nonaction.

Innocent Conduct

Actions or behavior that are performed without malice or intent to harm, often considered in legal contexts to determine culpability or liability.