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Suppose the multiplier effect for Japan is 0.8 for any $1 billion change in U. S. government purchases. Therefore, Japanese real GDP will rise by $8 billion when U. S. government spending rises by $10 billion.
a. True
b. False
Answers: 2
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Upper a fish farm raises salmon and trout.a fish farm raises salmon and trout. the marginal cost of producing each of these products increases as more is produced. draw the firm's ppf. label it ppf1. the fish farmfish farm adopts a new technology that allows it to use fewer resources to feed the salmonfeed the salmon. draw a ppf that shows the impact of the new technology. label it ppf2.
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Suppose the multiplier effect for Japan is 0.8 for any $1 billion change in U. S. government purchas...
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