Why does a change in autonomous expenditure lead to a larger change in real GDP?

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Macroeconomics

ISBN: 9780132109994

1st Edition

Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty

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Question Posted: Feb 04, 2016 06:48 AM

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Why does a change in autonomous expenditure lead to a larger change in real GDP?

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The change in real GDP is greater than the change in aut...View the full answer

Macroeconomics

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