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Economics: The Basics 1st Edition by Mike Mandel
Edition 1ISBN: 978-0071316026Economics: The Basics 1st Edition by Mike Mandel
Edition 1ISBN: 978-0071316026 Exercise 3
Suppose the job multiplier is 0.6. The government adds 1,000 jobs. How much does private sector employment rise or fall? Explain.
Explanation
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When the government spending increases o...
Economics: The Basics 1st Edition by Mike Mandel
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