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A feature of the income-expenditure model is the multiplier effect.Describe and explain it.Why is the tax multiplier smaller than the expenditure multiplier?
A feature of the income-expenditure model is the multiplier effect.Describe and explain it.Why is the tax multiplier smaller than the expenditure multiplier?
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Financial Accounting Making The Connection
Authors: J David Spiceland, Wayne Thomas, Don Herrmann
1st Edition
0077862260, 9780077862268
