Why is the extent to which households are forward-looking important for the size of the multiplier?

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Macroeconomics

ISBN: 9780132109994

1st Edition

Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty

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Question Posted: Feb 04, 2016 06:54 AM

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Why is the extent to which households are forward-looking important for the size of the multiplier?

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Forwardlooking households may change consumption and saving plans based o...View the full answer

Macroeconomics

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