What will be Keynesian multiplier when C= 10 + 0.8 Y and Import (M) = - 6 + 0.3Y
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What will be Keynesian multiplier when C= 10 + 0.8 Y and Import (M) = - 6 + 0.3Y
Tap an option to check your answer.
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Keynesian cross and the multiplier has come up 167 times in 7 exams since 2006.
This question is on The open-economy multiplier, part of Keynesian cross and the multiplier in Macroeconomics.
How imports leak spending abroad and shrink the multiplier.
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Question from the JNU SSS 2021 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.