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Home Q & A Board Other Fields Homework Help Business Economics
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jacobysmith jacobysmith
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5 years ago
Economists think that the marginal propensity to consume for the U.S. economy is somewhere around 0.9.  Based on our simple multiplier formula, this would imply that the multiplier for the United States should be around 10.  However, economists agree that the spending multiplier is closer to 2.  What might explain this supposed anomaly?
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InMacro

InMacro


Edition: 1st
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aaronF1234aaronF1234
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5 years ago
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jacobysmith Author
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5 years ago
this is exactly what I needed
apelton
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Thank you, thank you, thank you!
gefa
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This calls for a celebration Person Raising Both Hands in Celebration
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