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Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
Edition 9ISBN: 978-0077354206Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
Edition 9ISBN: 978-0077354206 Exercise 6
If I falls by $20 billion and the multiplier is 5, what happens to the level of GDP?
Explanation
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Multiplier refers to the ratio of change...
Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
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