Suppose the multiplier is 2, and the short-run aggregate supply curve is positively sloped. If investment decreases by $15 billion, how does equilibrium real GDP change in the short run?

Question

Accepted Answer

It decreases by less than $30 billion.

Answer

It decreases by more than $30 billion.

Answer

It decreases by $30 billion.

Answer

It does not change.

Answer

It increases by less than $30 billion.

Crowdly

Suppose the multiplier is 2, and the short-run aggregate supply curve is positiv...

Want instant access to all verified answers on moodle.uleth.ca?