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3. (单选题, 2.0分) Scenario. Take the following information as given for a small, imaginary economy: • When income is $10,00

Posted: Sun Jul 03, 2022 4:13 pm
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3. (单选题, 2.0分) Scenario. Take the following information as given for a small, imaginary economy: • When income is $10,000, consumption spending is $6,500. • When income is $11,000, consumption spending is $7,250. Refer to the Scenario. For this economy, an initial increase of $200 in net exports translates into a(n) A B C $570 increase in aggregate demand when the crowding-out effect is taken into account. $800 increase in aggregate demand when the crowding-out effect is taken into account. $1,400 increase in aggregate demand in the absence of the crowding-out effect. D $800 increase in aggregate demand in the absence of the crowding-out effect.