=+9. Investment increases by 20 for each interest rate drop of 1 percent. The expenditures multiplier is

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=+9. Investment increases by 20 for each interest rate drop of 1 percent. The expenditures multiplier is 3. If the money multiplier is 4, and each change of 5 in the money supply

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Economics

ISBN: 9780071214476

5th Edition

Authors: David Colander

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