Why would a stable multiplier be necessary to come up with the appropriate change in autonomous spending?

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Why would a stable multiplier be necessary to come up with the appropriate change in autonomous spending? Would these simple multipliers help if they were correct for the economy as a whole?

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Economics Today The Micro View

ISBN: 9780135888124

20th Edition

Authors: Roger LeRoy Miller

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Question Posted: Nov 15, 2023 03:06 AM

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Why would a stable multiplier be necessary to come up with the appropriate change in autonomous spending?

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A stable multiplier would be needed to be able to predict the effect of a given ...View the full answer

Economics Today The Micro View

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