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Author Question: The simple spending multiplier understates the amount by which output changes. a. True b. False ... (Read 148 times)

stock

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on: Jun 30, 2018
The simple spending multiplier understates the amount by which output changes.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Real gross domestic product (GDP) shows:
 a. total spending on intermediate goods and services.
  b. constant dollar GDP.
 c. net domestic product.
 d. nominal GDP adjusted for taxes.
 e. domestic income.


enass

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

b


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stock

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Reply #2 on: Jun 30, 2018
Thank you :)


enass

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Reply #3 on: Jun 30, 2018
Happy to help you


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