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) Suppose the Government of Pluto decides to introduce a new program of (autonomous) transfer payments to poor households. What is the value of the
) Suppose the Government of Pluto decides to introduce a new program of (autonomous) transfer payments to poor households. What is the value of the transfer multiplier? Interpret the value of the transfer multiplier in words
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
