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Essentials of Economics 7th Edition by Gregory Mankiw
Edition 7ISBN: 978-1285165950Essentials of Economics 7th Edition by Gregory Mankiw
Edition 7ISBN: 978-1285165950 Exercise 6
In which of the following circumstances is expansionary fiscal policy more likely to lead to a short-run increase in investment? Explain.
a. When the investment accelerator is large or when it is small?
b. When the interest sensitivity of investment is large or when it is small?
a. When the investment accelerator is large or when it is small?
b. When the interest sensitivity of investment is large or when it is small?
Explanation
Verified
Verified
a. Expansionary fiscal policy is more li...
Essentials of Economics 7th Edition by Gregory Mankiw
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