Question
Ceteris paribus , the multiplier effect would be largest in which situation? a. when the government has a balanced budget b. when prices are fixed
Ceteris paribus, the multiplier effect would be largest in which situation?
a. when the government has a balanced budget
b. when prices are fixed
c. when the government borrows from its citizens to cover increased deficit spending
d. when prices are flexible
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Microeconomics
Authors: Christopher T.S. Ragan, Richard G Lipsey
14th canadian Edition
321866347, 978-0321866349
