4. For each of the followingaggregate expenditures (AE) functions, identify the marginal propensity to spend (z) and
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4. For each of the followingaggregate expenditures (AE) functions, identify the marginal propensity to spend (z) and calculate the simple multiplier.
a. AE=150 +0.4 Y
b. AE = 900 + 0.62 Y
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