In which direction will the aggregate demand curve shift
Suppose a country increases government purchases by $100 billion. Suppose the multiplier is 1.5 and the economy's real GDP is $5,000 billion. In which direction will the aggregate demand curve shift and by how much?
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Suppose the multiplier is 1.5 and the economy's real GDP is $5,000 billion. In which direction will the aggregate demand curve shift and by how much?
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