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A public good:
A) Generally results in substantial negative externalities.
B) Can never be provided by a nongovernmental organization.
C) Costs essentially nothing to produce and thus is provided by the government at a zero price.
D) Can't be provided to one person without making it available to others as well.
compute: credit multiplier, maximum change in the money supply
What was the classical models
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What would happen to the US market of new homes, if Bank of America raises interest rates, from 1% to 3%?
dynamic multipier
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