The multiplier is equal to the reciprocal of the marginal propensity to save: The greater is the

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The multiplier is equal to the reciprocal of the marginal propensity to save: The greater is the marginal propensity to save, the smaller is the multiplier. Also, the greater is the marginal propensity to consume, the larger is the multiplier.

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Economics Principles Problems And Policies

ISBN: 9780073511443

19th Edition

Authors: Campbell Mcconnell ,Stanley Brue ,Sean Flynn

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Question Posted: Oct 01, 2024 04:02 AM

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The multiplier is equal to the reciprocal of the marginal propensity to save: The greater is the

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Economics Principles Problems And Policies

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