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22 August, 14:36

The multiplier is useful in determining the full-employment unemployment rate level of business inventories change in the rate of inflation from a change in the interest rate change in GDP resulting from a change in spending

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  1. 22 August, 15:05
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    The multiplier is useful in determining the change in GDP resulting from a change in spending

    Explanation:

    A change in autonomous spending will lead to a much larger final change in real GDP because of the multiplier effect. That spending will have a much larger final impact on real GDP.
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