Suppose the initial change in spending is $12 billion. The indirect effects of that change cause a change in total spending of $18 billion. What is the spending multiplier?
Suppose the initial change in spending is $12 billion. The indirect effects of that change cause a change in total spending of $18 billion. What is the spending multiplier?
Chapter1: Making Economics Decisions
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Suppose the initial change in spending is $12 billion. The indirect effects of that change cause a change in total spending of $18 billion. What is the spending
multiplier?
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Transcribed Image Text:5:40 PM Fri Mar 17
:=
ASDE.78
Answered
ASDE.85
Answered
ASDE.93
0.3
Answered
ASDE.98
X Answered 1 attempt left
0 attempts left ●
Numeric answer
0 attempts left
1 attempt left
0 attempts left
Suppose the initial change in spending is $12 billion. The indirect effects of that change cause a change in total spending of $18 billion. What is the spending
multiplier?
●
Open
Open
55%
Open
Open
×
×
Answered - Incorrect
Resubmit
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