Question
which of the following best describes the multiplier effect? A. an initial increase in interest rates leads to a larger increase in GDP. B. an
which of the following best describes the multiplier effect?
A. an initial increase in interest rates leads to a larger increase in GDP.
B. an initial increase in aggregate supply leads to a larger increase in GDP.
C. an initial increase in government income leads to a larger increase in GDP.
D. an initial increase in injections leads to a larger increase in GDP.
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Macroeconomics
Authors: Christopher T S Ragan
15th Edition
013391044X, 978-0133910445
