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Title: In preparing their estimates of the stimulus package's effect on GDP, Obama administration economist Post by: Tidy on Jun 22, 2015 In preparing their estimates of the stimulus package's effect on GDP, Obama administration economists estimated a government purchases multiplier of 1.57. This indicates that a ________ increase in government purchases would increase equilibrium real GDP by $157 billion
A) $1 billion. B) $10 billion. C) $100 billion. D) $157 billion. Title: Re: In preparing their estimates of the stimulus package's effect on GDP, Obama administration econo Post by: Sydnie on Jul 4, 2015 Content hidden
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