Answers Expenditure Fluctuations and Fiscal Policy Expenditure Fluctuations and Fiscal Policy. Chapter 26 TRUE/FALSE/UNCERTAIN AND EXPLAIN -* I MPC I g -* I multiplier, etc. 11 T Intercept of ... 12 F Multiplier = 1/(1 -g) = 1/(1-0.75) = 1/0.25 = 4. ... 14 T Government multiplier = 1/(1 - g) agt; gl(l - g) = transfer multiplier since g alt; 1 . $-15 U g ... 12 d This -* more A P, less A Y. All others make effect larger.
|Title||:||Parkin-Bade Economics : Canada in the Global Environment, Second Edition. Study Guide|
|Author||:||Avi J. Cohen, Harvey B. King, Parkin, Michael, Spencer, David E|
|Publisher||:||Don Mills, Ont. : Addison-Wesley - 1994|