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Author Question: Specialization and trade exploit differences in productivity across workers and A) make everyone ... (Read 78 times)

jerry coleman

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Specialization and trade exploit differences in productivity across workers and
 
  A) make everyone better off. B) only benefit the importer.
  C) make everyone worse off. D) only benefit the exporter.

Question 2

If the value of the government multiplier is 1.5, which of the following is likely to be true if all other variables remain unchanged?
 
  A) A 1 increase in government expenditure reduces gross domestic product by 1.50.
  B) A 1.50 increase in government expenditure increases gross domestic product by 1.50.
  C) A 1.50 increase in government expenditure reduces gross domestic product by 1.50.
  D) A 1 increase in government expenditure increases gross domestic product by 1.50.


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adf223

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jerry coleman

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Reply 2 on: Jun 30, 2018
Excellent


amcvicar

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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