Why is the actual multiplier for the U.S. economy less than the multiplier in this chapters simple

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Why is the actual multiplier for the U.S. economy less than the multiplier in this chapter’s simple examples?

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Economics

ISBN: 978-0073375694

18th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn

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Question Posted: May 23, 2013 07:53 AM

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Why is the actual multiplier for the U.S. economy less than the multiplier in this chapters simple

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The actual multiplier estimated to be about 2 is small...View the full answer

Economics

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