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Author Question: If the government spending multiplier were 3.5, a $2 billion decrease in government spending would ... (Read 347 times)

robinn137

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on: Apr 19, 2019

Question 1

The time it takes for a new economic policy to affect behavior in the economy is


◦ a recognition lag.
◦ an implementation lag.
◦ a response lag.
◦ None of these

Question 2

If the government spending multiplier were 3.5, a $2 billion decrease in government spending would lower GDP by


◦ $70 billion after one year.
◦ $2 billion after two years.
◦ $1.5 billion after one year.
◦ $7 billion after one year.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by robinn137 on Apr 19, 2019

Pariscourtney

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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robinn137

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

tanna.moeller

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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