In 2015, the ratio of imports to GDP was 18 percent in Japan and 81 percent in

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In 2015, the ratio of imports to GDP was 18 percent in Japan and 81 percent in Belgium. On the basis of this information, can you draw any conclusions about the relative sizes of the government purchases multiplier in each country?

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Economics

ISBN: 978-0134738321

7th edition

Authors: R. Glenn Hubbard, Anthony Patrick O Brien

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