Explain apparent inconsistency in samller multiplier

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smaller multiplier means that the change in government purchases of goods and services or taxes necessary to close an inflationary or recessionary gap is larger. Explain this apparent inconsistency?

Reference no: EM13244554

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Explain apparent inconsistency in samller multiplier : smaller multiplier means that the change in government purchases of goods and services or taxes necessary to close an inflationary or recessionary gap is larger. Explain this apparent inconsistency

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