Question
What is current account multiplier? Assume that the marginal propensity to save is 0.25 and the marginal propensity to import is 0.15, what is the
What is current account multiplier? Assume that the marginal propensity to save is 0.25 and the marginal propensity to import is 0.15, what is the effect of an increase in government expenditure by £100 million on current account.
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Exploring Economics
Authors: Robert L Sexton
5th Edition
978-1439040249, 1439040249
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