{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

11Chp20-Econ3310 - Expenditure Multiplier ISLM Model Answer...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Aggregate Output Expenditure Multiplier ISLM Model The Expenditure Multiplier Keynes developed his framework to understand the Great Depression. 1929-1933: investment spending fell by $194B (from $232B
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}