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Because the multiplier is a function of the marginal propensity to spend, it Question 4 options: is not a function of the marginal propensity to

Because the multiplier is a function of the marginal propensity to spend, it Question 4 options: is not a function of the marginal propensity to save. has a larger impact on national expenditure than on national income. might be higher in an economy where the government provides health care and retirement income out of taxes, so the Marginal propensity to save is lower. is theoretically infinite is post-capitalist economies

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