Exam (elaborations)
EXAM 3 STADIUM FINANCE and NCAA QUESTIONS AND ANSWERS
- Course
- Institution
Why might the Simple Multiplier be an inaccurate measure of the total amount of money circulating in an economy from a given direct investment into the economy? - Answer-The Simple Multiplier assumes a closed economy. In an open economy there would likely be leakages out of the 'local' economy. ...
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