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    Macroeconomics Study Set 41
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    Exam 11: Expenditure Multipliers: the Keynesian Model
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    Business Cycle Turning Points Are
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Business Cycle Turning Points Are

Question 271

Question 271

Multiple Choice

Business cycle turning points are


A) brought about by changes in autonomous expenditures that are then subject to the multiplier effect.
B) unaffected by, and unrelated to the multiplier.
C) easy to predict.
D) None of the above is correct.

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