Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
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Chapter D, Problem 16RQ

Exercise D16

Why are savings, taxes, and imports referred to as “leakages” in calculating the multiplier effect?

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Principles of Economics 2e
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ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:OpenStax