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In the Keynesian model without a government sector, if the MPS is 0.1, then the expenditure multiplier is 10. A. True B. False
In the Keynesian model without a government sector, if the MPS is 0.1, then the expenditure multiplier is 10.
| A. True |
| B. False |
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Economics for Managers
Authors: Paul G. Farnham
3rd edition
132773708, 978-0133561128, 133561127, 978-0132773706
