The Great Recession of 2007-2009 caused a basic change in consumer behavior, shifting the saving schedule up.
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Q197: An increase in spending of $25 billion
Q198: The multiplier effect relates
A)changes in the price
Q199: Assume the marginal propensity to consume is
Q200: An $18 billion increase in spending creates
Q201: The economic performance in the Great Recession
Q203: The multiplier effect magnifies the effect of
Q204: The multiplier value is the reciprocal of
Q205: If people saved more of any extra
Q206: The average propensity to save is equal
Q207: If the real rate of interest increases,
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