The Impact Effect Is the A $h$ Period Dynamic Multiplier $h > 0$

question 6

Short Answer

The impact effect is the a. zero period dynamic multiplier.
b. $h$ period dynamic multiplier, $h > 0$ .
c. cumulative dynamic multiplier.
d. long-run cumulative dynamic multiplier.

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Definitions:

Programmed Solution

Predetermined responses or solutions to routine problems or issues.

Rules Of Thumb

Simple, general principles or guidelines that are not based on precise calculations, but are used to make quick decisions or estimations.

Routines

Repetitive sequences of actions regularly followed in daily operations or processes.

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Being widely recognized or familiar to many people.