Presume that kim k decides to spend 30000 on an american


Presume that Kim K decides to spend $30,000 on an American made purse instead of donating it to Haitian earthquake relief. Suppose that the multiplier is 1.2.

How much will GDP rise when Kim K buys her purse according to the multiplier effect?

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Microeconomics: Presume that kim k decides to spend 30000 on an american
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