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(a) If the marginal propensity to save is 0.02, how large is the Keynesian multiplier? (b) If the marginal propensity to save doubles to 0.10,
(a) If the marginal propensity to save is 0.02, how large is the Keynesian multiplier?
(b) If the marginal propensity to save doubles to 0.10, what happens to the Keynesian multiplier?
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The Wisdom Of Crowds
Authors: James Surowiecki
1st Edition
0385721706, 9780385721707
