Question
In comparison with an expenditure module, the multiplier effect produces a great change in GDP and therefore its value is ________. A) less than one
In comparison with an expenditure module, the multiplier effect produces a great change in GDP and therefore its value is ________.
A) less than one
B) equal to one
C) greater than one
2.Long-term economic growth is best explained by the ________ model.
A) neoclassical
B) Keynesian
C) supply-side
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
3rd edition
1429278390, 978-1429278416, 1429278412, 978-1429278393
