If the spending multiplier is equal to 4, then a $25 initial increase in investment spending will lead to a:
a. $25 increase in real GDP.
b. $1 decrease in real GDP.
c. $1 increase in real GDP.
d. $100 decrease in real GDP.
e. $100 increase in real GDP.
e
Economics
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Which of the following is(are) indexed to inflation?
A. Standard deduction B. Employer contributions to pensions C. Gifts and inheritances D. None of the answer options are correct.
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