While it is too soon to fully determine the effects of the American Recovery and Reinvestment Act,
Question:
a. Under what circumstances will multiplier effects be relatively large?
b. As of the summer of 2010, were these circumstances in existence?
c. Are there other factors that you think might limit the size of multiplier effects?
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Related Book For
Macroeconomics
ISBN: 9780132109994
1st Edition
Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty
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