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Gideon123 Gideon123
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5 years ago

Question 1.

Firms report that their workers are working six hours of overtime per week. The government reports that the unemployment rate is 3.5%. In this situation, the multiplier is likely to be



▸ negative.

▸ large.

▸ small.

▸ infinitely large.

Question 2.

As the economy approaches full employment, the size of the multiplier will



▸ remain unchanged.

▸ become negative.

▸ become larger.

▸ become smaller.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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jaded 7.jaded 7.
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5 years ago
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Gideon123 Author
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5 years ago
Thanks
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