24. The multiplier effect of an increase in government purchases implies that the increase in aggregate demand

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24. The multiplier effect of an increase in government purchases implies that the increase in aggregate demand will tend to be ____________ than the initial fiscal stimulus, other things being equal.

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Exploring Macroeconomics

ISBN: 9781111970314

5th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 30, 2024 08:00 AM

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24. The multiplier effect of an increase in government purchases implies that the increase in aggregate demand

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Exploring Macroeconomics

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