Question: Consider the AD/AS model. An increase in government purchases will have no impact on equilibrium real GDP if Select one: O A. the marginal propensity

Consider the AD/AS model. An increase in government purchases will have no impact on equilibrium real GDP if Select one: O A. the marginal propensity to spend is very small. O B. the AS curve is vertical. O C. the simple multiplier is very small. O D. the AS curve slopes upward. O E. the AS curve is horizontal

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