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Other Fields Homework Help Economics Topic started by: vellojo on Oct 23, 2016



Title: In an economy, the government expenditure multiplier is 3. If government expenditure increases by $1 ...
Post by: vellojo on Oct 23, 2016
In an economy, the government expenditure multiplier is 3. If government expenditure increases by $1 million, then in the short run, the price level ________ and real GDP ________ $3 million.
A) rises; equals
B) rises; decreases by less than
C) rises; increases by less than
D) falls; decreases by less than


Title: Re: In an economy, the government expenditure multiplier is 3. If government expenditure increases ...
Post by: ukrania on Oct 23, 2016
Content hidden


Title: Re: In an economy, the government expenditure multiplier is 3. If government expenditure increases by $1 ...
Post by: vellojo on Dec 2, 2016
I went through a flood of websites until I signed up here lol Glad I did


Title: Re: In an economy, the government expenditure multiplier is 3. If government expenditure increases by $1 ...
Post by: ukrania on Dec 5, 2016
Thanks ^^