All else being equal, a higher propensity to import leads to a larger Keynesian multiplier.
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Q157: Answer the questions below: Q158: Which of the following measures the change Q159: If the economy is growing along the Q160: Exhibit 23-6 Q161: Suppose in 2016, real GDP was $160 Q163: If the expenditure line is steeper, the Q164: The permanent income model implies the same Q165: The size of the Keynesian multiplier depends Q166: Sketch the 45-degree line and the expenditure Q167: The forward-looking consumption model assumes that people
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