
Microeconomics 14th Edition by James Gwartney ,Richard Stroup,Russell Sobel ,David Macpherson
Edition 14ISBN: 978-1305506893
Microeconomics 14th Edition by James Gwartney ,Richard Stroup,Russell Sobel ,David Macpherson
Edition 14ISBN: 978-1305506893 Exercise 1
* What is the underlying message of the following lyrics from Keynes?
[Keynes] Public works, digging ditches, war has the same effect.
Even a broken window helps the glass man have some wealth.
The multiplier driving higher the economy's health.
[Keynes] Public works, digging ditches, war has the same effect.
Even a broken window helps the glass man have some wealth.
The multiplier driving higher the economy's health.
Explanation
According to Keynes the capitalistic eco...
Microeconomics 14th Edition by James Gwartney ,Richard Stroup,Russell Sobel ,David Macpherson
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