Explain how the multiplier works. Use an MPC of 80% in an example.

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Principles Of Economics

ISBN: 9781506699868

2nd Edition

Authors: OpenStax

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Question Posted: Nov 01, 2023 01:47 AM

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Explain how the multiplier works. Use an MPC of 80% in an example.

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The multiplier refers to how many times a dollar will turnove...View the full answer

Principles Of Economics

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