Assuming a 2-sector economy, the multiplier formula is given by I (a) -------- 1-APC. (b) MPS' (c)

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Assuming a 2-sector economy, the multiplier formula is given by I

(a) ·-··-------

1-APC.

(b)

MPS'

(c)

APC

(d) I-MPS.

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Macroeconomics

ISBN: 9780124080669

2nd Edition

Authors: Debes Mukherjee

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