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Calculate the multiplier? In a simple, closed economy (no government or foreign sector), disposable income decreases from $6,000 to $4,000. If consumption decreases from $4,500
Calculate the multiplier? In a simple, closed economy (no government or foreign sector), disposable income decreases from $6,000 to $4,000. If consumption decreases from $4,500 to $3,000, the multiplier is:
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The Macro Economy Today
Authors: Bradley R. Schiller, Karen Gebhardt
14th edition
1259291820, 978-1259291821
