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I have great misery finding the multiplier :( , and I always get confused when looking at a graph. Kindly explain like I was a
I have great misery finding the multiplier :( , and I always get confused when looking at a graph.
Kindly explain like I was a 6 years old, how can I find the multiplier.
Also, If the autonomous consumption were to increase by $2,950, what would be the new value of equilibrium real GDP? (How do I calculate this?)
Thank you in advance!
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