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2. Multiplier effect--(A) Fully illustrate how the multiplier effect is supposed to work, using at least 3 levels of activity and potential totals in each
2. Multiplier effect--(A) Fully illustrate how the multiplier effect is supposed to work, using at least 3 levels of activity and potential totals in each of 3 columns and label each column; (B) carefully explain in full sentences all about this process and how you find the total changes as a result of the government's $6 billion change in the budget. (You may use $6,000 for the illustration. MPC =5/6 ) A. Table illustration of multiplier effect: B. Fully explain: 2. Multiplier effect--(A) Fully illustrate how the multiplier effect is supposed to work, using at least 3 levels of activity and potential totals in each of 3 columns and label each column; (B) carefully explain in full sentences all about this process and how you find the total changes as a result of the government's $6 billion change in the budget. (You may use $6,000 for the illustration. MPC =5/6 ) A. Table illustration of multiplier effect: B. Fully explain
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