Top Posters
Since Sunday
g
3
3
r
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Tidy Tidy
wrote...
Go to Answer
Posts: 4852
Rep: 38 0
8 years ago
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.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 539 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
Replies
Answer verified by a subject expert
SydnieSydnie
wrote...
#1
Top Poster
Posts: 3807
Rep: 458 1
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Tidy Author
wrote...

8 years ago
Just got PERFECT on my quiz
Harvinder
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
shangshang
wrote...

2 hours ago
This helped my grade so much Perfect
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  956 People Browsing
 165 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 245
  
 254
  
 522
Your Opinion
Which country would you like to visit for its food?
Votes: 204
Previous poll results: How often do you eat-out per week?