List and describe limitations of the multiplier.
-What happens to the multiplier if people do not spend much (or any) of their additions to income? Explain.
Correct Answer:
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Q5: Explain how a given increase in spending
Q6: Explain how a given increase in spending
Q7: Explain how a given increase in spending
Q8: Discuss how the multiplied impact on the
Q9: Discuss how the multiplied impact on the
Q11: List and describe limitations of the multiplier.
-What
Q12: Explain how a given increase in aggregate
Q13: Explain how a given increase in aggregate
Q14: Discuss the impact of the accelerator and
Q15: Discuss the impact of the accelerator and
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