Suppose consumer spending responds more to changes in
Suppose consumer spending responds more to changes in income in a downturn than in an expansion. Would this make the size of the multiplier in a downturn equal to, larger than, or smaller than the size of the multiplier in an expansion? Explain.
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if you were a store manager would you rather raise prices on all goods and services or selected products how do stores
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suppose consumer spending responds more to changes in income in a downturn than in an expansion would this make the
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