Question
What is the expenditure multiplier? What is its significance for Keynesian economics? (providing examples helps!) *bullet points make it more difficult for me to understand
What is the expenditure multiplier? What is its significance for Keynesian economics? (providing examples helps!)
*bullet points make it more difficult for me to understand at times; please answer in a paragraph format if possible - it would be greatly appreciated, but it is NOT required
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Microeconomics
Authors: Dean Karlan, Jonathan Morduch
1st edition
978-0077332587, 007733258X, 978-0077332648, 77332644, 978-1259163531
