Suppose That Technological Advancements Stimulate $20 Billion in Additional Investment

question 78

Multiple Choice

Suppose that technological advancements stimulate $20 billion in additional investment spending.If the MPC = .6,how much will the change in investment increase aggregate demand?

• A) $12 billion.
• B) $20 billion.
• C) $33.3 billion.
• D) $50 billion.

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Envy

A feeling of discontent or covetousness with regard to another's advantages, success, possessions, etc., often accompanied by a desire to have what someone else has.

Samsung

A multinational conglomerate based in South Korea, known for its electronics, appliances, and technology products.

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