The the expenditures multiplier effect, the spending to bring about a given amount of increase in real GDP. smaller; larger smaller: smaller the change needed in government Olarger: larger Olarger: faster

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter11: Fiscal Policy: The Keynesian View And Historical Development Of Macroeconomics
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The
the expenditures multiplier effect, the
spending to bring about a given amount of increase in real GDP.
smaller; larger
smaller: smaller
larger: larger
larger: faster
the change needed in government
Transcribed Image Text:The the expenditures multiplier effect, the spending to bring about a given amount of increase in real GDP. smaller; larger smaller: smaller larger: larger larger: faster the change needed in government
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