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Suppose that an increase in business confidence increases investment expenditure by one million dollars How do you expect this increase in investment expenditure to affect equilibrium output

Suppose that an increase in business confidence increases investment expenditure by one million dollars. How do you expect this increase in investment expenditure to affect equilibrium output? Will equilibrium output increase by exactly one million, more than one million, or less than one million dollars? A) Equilibrium output will increase by exactly one million dollars B) Equilibrium output will increase by less than one million dollars C) Equilibrium output will increase by more than one million dollars

May 02 2020 View more View Less

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