Question: The idea that a $1 increase in infrastructure spending will generate more than $1 in economic growth is a representation of Select one: a. an

 The idea that a $1 increase in infrastructure spending will generate

The idea that a $1 increase in infrastructure spending will generate more than $1 in economic growth is a representation of Select one: a. an automatic stabilizer. b. an outside lag. c. the multiplier effect. d. an inside lag

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!