Charlie Black, a GOP strategist, was once quoted as stating, I can't tell you why this happens,

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Charlie Black, a GOP strategist, was once quoted as stating, "I can't tell you why this happens, but there's a lag time (before people tune into good economic news)." What is the effect of this delay in the adjustment of expectations by consumers on the dynamics of the multiplier model?
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Macroeconomics

ISBN: 978-0077307110

8th edition

Authors: David Colander

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