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a. If the Marginal Propensity to consume is 0.8, what is the value of the multiplier? b. If the Marginal Propensity to consume falls to
a. If the Marginal Propensity to consume is 0.8, what is the value of the multiplier? b. If the Marginal Propensity to consume falls to 0.75, what is the value of the multiplier? c. Tell a story to explain why these two values are the same or are different.
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