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A high multiplier means that the initial change in spending is ____ relative to the change in real GDP a) approximately equal b) high c)
A high multiplier means that the initial change in spending is ____ relative to the change in real GDP
a) approximately equal
b) high
c) low
d) unrelated
- I tried answer b (high) but it was incorrect
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Macroeconomics
Authors: Paul Krugman, Robin Wells
4th Edition
1464110379, 9781464110375
