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    Principles of Macroeconomics Study Set 12
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    Exam 15: Household and Firm Behavior in the Macroeconomy: a Further Look
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    When Firms Hold Excess Labor, the Value of the Multiplier
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When Firms Hold Excess Labor, the Value of the Multiplier

Question 109

Question 109

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When firms hold excess labor, the value of the multiplier increases.

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