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Microeconomics 14th Edition by James Gwartney ,Richard Stroup,Russell Sobel ,David Macpherson
Edition 14ISBN: 978-1305506893Microeconomics 14th Edition by James Gwartney ,Richard Stroup,Russell Sobel ,David Macpherson
Edition 14ISBN: 978-1305506893 Exercise 1
* What is the underlying message of the following lyrics from Keynes?
[Keynes] Public works, digging ditches, war has the same effect.
Even a broken window helps the glass man have some wealth.
The multiplier driving higher the economy's health.
[Keynes] Public works, digging ditches, war has the same effect.
Even a broken window helps the glass man have some wealth.
The multiplier driving higher the economy's health.
Explanation
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Verified
According to Keynes the capitalistic eco...
Microeconomics 14th Edition by James Gwartney ,Richard Stroup,Russell Sobel ,David Macpherson
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