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If the Capital-Output Ratio Is Three,the Full-Employment GDP Is $5,100

Question 56

Multiple Choice

If the capital-output ratio is three,the full-employment GDP is $5,100 billion,and intended investment is $750 billion,then a $60 billion increase in intended investment will increase full-employment GDP by ________ billion.


A) $250
B) $180
C) $60
D) $50
E) $20

Correct Answer:

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