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.
Statistics Canada reported that in the second quarter of 2014 Canadian exports increased by $24 billion.
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In the short run the multiplier is the measure of the change in the overall output of a nation that ...View the full answer
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Microeconomics Canada In The Global Environment
ISBN: 9780321931184
9th Edition
Authors: Robin Bade, Michael Parkin
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