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If the marginal propensity to consume is 6/7, then the multiplier is 7.
Q103: Refer to Figure 35-6. Curve 2 is
Q180: The ease with which an asset can
Q186: On a given short-run Phillips curve which
Q231: Economists mostly agree that the Great Depression
Q288: The main criticism of those who doubt
Q336: Unemployment insurance benefits are an example of
Q362: Which of the following is correct according
Q378: Initially, the economy is in long-run equilibrium.
Q420: Which of the following is not correct?<br>A)
Q432: If the Fed increases the money supply,<br>A)