Explain in detail how these differences affect the size of the Aggregate Demand “Multiplier”in these European countries relative to the US AD Multiplier

Most Northern European countries have a larger % of imports in their retail sales than the US balanced by a larger share of exports in their RGDP. They also have higher marginal tax rates and higher levels of government transfer spending on safety net programs and on government provided medical care than the US.

A) Explain in detail how these differences affect the size of the Aggregate Demand “Multiplier”in these European countries relative to the US AD Multiplier. (No exact absolute value for the multiplier is required in your answer.)

To get a custom written paper, place an order with us!

Additional Benefits for you

♦ 24/7 customer support

♦ On-time delivery guarantee

♦ Plagiarism-free research papers

♦ Affordable and student-friendly prices

♦ Scholarly-rich custom-written papers

♦ 100% privacy and confidentiality

WE ACCEPT