If everyone has the same marginal propensity to consume as you indicated in your answer to question

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If everyone has the same marginal propensity to consume as you indicated in your answer to question 2, determine the multiplier. Explain why the marginal propensity to consume determines the multiplier.

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Principles Of Macroeconomics

ISBN: 9781982166649

1st Canadian Edition

Authors: Betsey Stevenson, Justin Wolfers, Philip Oreopoulos, Kevin Milligan

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