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If there is an increase in autonomous expenditures, there will be successive rounds of additional income earned and additional spending out of this additional income.
If there is an increase in autonomous expenditures, there will be successive rounds of additional income earned and additional spending out of this additional income. Similarly, if there is a decrease in autonomous expenditures, there will be successive rounds of contracting _______ and lower expenditures that add up to a multiplied effect in terms of income in the economy
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