Explain illustrate what is use of each one in economy

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Q. Suppose that a country announces that it is moving toward free trade by reducing its tariffs on intermediate inputs while maintaining its tariffs on final goods. Illustrate what is your evaluation of announced "free-trade" direction of country's policy?

Q. Illustrate what are differences and similarities between investment multiplier and a consumption multiplier? Explain how is MPC different than multiplier? Explain illustrate what is use of each one in economy?

Reference no: EM1371609

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