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Exhibit 11-5 -In an Economy Characterized by the Aggregate Expenditure Line in Expenditure

question 47

Multiple Choice

Exhibit 11-5 Exhibit 11-5 -In an economy characterized by the aggregate expenditure line in Exhibit 11-5,if net taxes was independent of the level of real GDP what would the tax multiplier be equal to? A) 0 B) 1 C) 2 D) 3 E) 4
-In an economy characterized by the aggregate expenditure line in Exhibit 11-5,if net taxes was independent of the level of real GDP what would the tax multiplier be equal to?

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