Explain the logic behind the finding that variable imports


Problem

1. Now raise exports to $650 and find the equilibrium again. How large is the multiplier?

2. Explain the logic behind the finding that variable imports reduce the numerical value of the multiplier.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Explain the logic behind the finding that variable imports
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