Compare the multiplier in the short run and the long run and explain why they are not

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Compare the multiplier in the short run and the long run and explain why they are not identical.

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Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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Question Posted: Jan 27, 2024 10:05 PM

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Compare the multiplier in the short run and the long run and explain why they are not

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In economics the multiplier refers to a factor that magnifies the impact of a change in an exogenous variable such as government spending or investmen...View the full answer

Economics

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