Business, 25.03.2020 06:13 burntquesadilla

In the Keynesian-cross model, fiscal policy has a multiplied effect on income because fiscal policy: changes income, which changes consumption, which further changes income. is government spending and, therefore, more powerful than private spending. changes the interest rate. increases the amount of money in the economy.

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In the Keynesian-cross model, fiscal policy has a multiplied effect on income because fiscal policy:...

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