Why can a $1 increase in government purchases lead to more than a $1 increase in income

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Why can a $1 increase in government purchases lead to more than a $1 increase in income and spending?

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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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Question Posted: Nov 01, 2017 07:57 AM

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Why can a $1 increase in government purchases lead to more than a $1 increase in income

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Economics

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