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Business, 18.07.2020 22:01 bevanscory123
Suppose the multiplier effect for Japan is 0.8 for any $1 billion change in U. S. government purchases. Therefore, Japanese real GDP will rise by $8 billion when U. S. government spending rises by $10 billion.
a. True
b. False
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Suppose the multiplier effect for Japan is 0.8 for any $1 billion change in U. S. government purchas...
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