The multiplier equals ____ divided by _. A. The marginal propensity to consume; autonomous expenditure B. 1;

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The multiplier equals ____________ divided by _________.

A. The marginal propensity to consume; autonomous expenditure

B. 1; (1 – Slope of the AE curve)

C. 1; Slope of the AE curve

D. Slope of the AE curve; the marginal propensity to consume

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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Question Posted: May 21, 2018 07:51 AM

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The multiplier equals ____________ divided by _________. A. The marginal propensity to consume; autonomous expenditure B. 1;

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Foundations of Macroeconomics

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The multiplier equals ____ divided by _. A. The marginal propensity to consume; autonomous expenditure B. 1;