Multiple Choice
Estimates of the multiplier effect indicate that the multiplier is:
A) equal to 3.1.
B) is a negative number.
C) is between .1 and 2.5, depending on the situation, with most estimates less than 2.
D) is less than 3 when the economy is growing and greater than 3 when the economy is contracting.
Correct Answer:
Verified
Correct Answer:
Verified
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