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The Chapter 3 Multiplier,because It Assumes an ________ Interest Rate,is

Question 114

Multiple Choice

The Chapter 3 multiplier,because it assumes an ________ interest rate,is usually an ________ of the fiscal policy multiplier in the IS-LM model.

A) endogenous,underestimate
B) endogenous,overestimate
C) exogenous,underestimate
D) exogenous,overestimate

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