What would happen to the multiplier analysis if b = 0? If b= 1?

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Macroeconomics Principles And Policy

ISBN: 9780324586213

11th Edition

Authors: William J. Baumol, Alan S. Blinder

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Question Posted: Sep 01, 2012 02:45 AM

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What would happen to the multiplier analysis if b = 0? If b= 1?

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If b 0 then the multiplier would be equal to 1 That is ...View the full answer

Macroeconomics Principles And Policy

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