2. It takes time for the secondary effects of the multiplier to be felt. It is usually...

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2. It takes time for the secondary effects of the multiplier to be felt. It is usually thought that approximately one-half of the multiplier effect will be felt during the first six months after an independent change in spending.

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Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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Question Posted: Oct 25, 2024 07:01 AM

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2. It takes time for the secondary effects of the multiplier to be felt. It is usually...

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Economics Private And Public Choice

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