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5 a. What will the multiplier be given the MPS values below? Fill in the table with your answers. Instructions: Round your answers to 3
5 a. What will the multiplier be given the MPS values below? Fill in the table with your answers. Instructions: Round your answers to 3 decimal places. MPS Multiplier 0.0 Undefined 02:35:30 0.4 Skipped 0.5 1.0 b. What will the multiplier be given the MPC values below? Fill in the table with your answers. Instructions: Round your answers to 3 decimal places. MPC Multiplier 1.0 Undefined 0.9 0.75 0.5 0 c. How much of a change in GDP will result if firms increase their level of investment by $8 billion and the MPC is 0.80? Instructions: Enter your answers as whole numbers. $ billion. How much of a change in GDP will result if firms increase their level of investment by $8 billion and the MPC instead is 0.67? $ billion
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