How does real GDP change in the long run when autonomous expenditure increases? Does real GDP change

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How does real GDP change in the long run when autonomous expenditure increases? Does real GDP change by the same amount as the change in aggregate demand? Why or why not?

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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 05:03 AM

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How does real GDP change in the long run when autonomous expenditure increases? Does real GDP change

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In the long run an increase in aggregate expenditure has no effect on real GDP ...View the full answer

Macroeconomics Canada in the Global Environment

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