-Refer to the Graph in the Exhibit

question 52

Multiple Choice

-Refer to the graph in the exhibit.Assume the economy is in equilibrium with real GDP of $5 trillion.Suppose aggregate expenditure increases by $1 trillion.How would the economy's equilibrium real GDP most likely be affected?  

• A) It would increase by more than $1 trillion.
• B) It would increase by $1 trillion.
• C) It would increase by less than $1 trillion.
• D) It would decrease by $1 trillion.

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Definitions:

Identical Twins

Genetically identical siblings conceived from the same sperm and egg, sharing 100% of their DNA.

Fraternal Twins

Twins originating from the fertilization of two unique eggs by two separate sperm, making them genetically different from one another.

Personalities

Personalities refer to the combination of characteristics or qualities that form an individual's distinctive character, influencing their patterns of thought, feelings, and behaviors.

Genetic Influences

Refers to how genetic factors contribute to the development and behavior of an organism.