If the marginal propensity to consume is two-thirds, the multiplier is a. 30. b. 66. c. 1.5.

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If the marginal propensity to consume is two-thirds, the multiplier is

a. 30.

b. 66.

c. 1.5.

d. 3.

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Exploring Macroeconomics

ISBN: 9781285859446

7th Edition

Authors: Robert L. Sexton

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Question Posted: Nov 01, 2024 08:00 AM

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If the marginal propensity to consume is two-thirds, the multiplier is a. 30. b. 66. c. 1.5.

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Exploring Macroeconomics

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