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Macroeconomics, 9th Canadian Edition
Macroeconomics, 9/e
Campbell R. McConnell, University of Nebraska, Lincoln
Stanley L. Brue, Pacific Lutheran University
Thomas P. Barbiero, Ryerson University
Building the Aggregate Expenditures Model

Internet Application Questions



1

Go to: http://www.vbmonline.com/features/2001-05-07.html and answer the following questions:
  1. What is the multiplier effect, according to the text? Why is it important in macroeconomics?
  2. Explain why the article provided is a good example of how the multiplier works.

 




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