Why is the multiplier higher for unemployment benefits than for infrastructure spending? Which occurs faster?

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The Macro Economy Today

ISBN: 978-1259291821

14th edition

Authors: Bradley R. Schiller, Karen Gebhardt

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Question Posted: May 30, 2018 03:37 AM

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Why is the multiplier higher for unemployment benefits than for infrastructure spending? Which occurs faster?

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According to the article extending unemployment benefits by 1 increases GDP by 163 where...View the full answer

The Macro Economy Today

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