Multiple Choice
Assume proponents of public funding for a new stadium argue that every dollar spent building the sports and entertainment facility will generate a total of $2.05 in spending in the economy.This indicates that the spending multiplier for the construction industry is equal to
A) 0.5.
B) 1.21.
C) 1.70.
D) 2.05.
E) 4.25.
Correct Answer:
Verified
Correct Answer:
Verified
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