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Compare two economies, which differ only in their share of credit- constrained households but are identical otherwise. The consumption line will be (and the multiplier
Compare two economies, which differ only in their share of credit- constrained households but are identical otherwise. The consumption line will be (and the multiplier _) in the economy with the greater proportion of credit-constrained households. Select one: O a. flatter, smaller. O b. flatter, larger. O c. steeper, larger. O d. None of the listed answers. O e. steeper, smaller
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