Calculate the new real GDP and explain why real GDP increases by more than $5 billion.

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Macroeconomics Canada in the Global Environment

ISBN: 978-0321778109

8th edition

Authors: Michael Parkin, Robin Bade

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Question Posted: Dec 19, 2015 05:05 AM

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Calculate the new real GDP and explain why real GDP increases by more than $5 billion.

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Real GDP was initially 150 billion The increase in investment increased real GDP by 25 b...View the full answer

Macroeconomics Canada in the Global Environment

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