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PLEASE PROVIDE SHORT YET UNDERSTANDABLE 2-5 SENTENCE ANSWER THE FOLLOWING QUESTIONS Describe how the multiplier works when the government increases spending? How does the multiplier

PLEASE PROVIDE SHORT YET UNDERSTANDABLE 2-5 SENTENCE ANSWER THE FOLLOWING QUESTIONS

Describe how the multiplier works when the government increases spending? How does the multiplier depend on the marginal propensity to consume? Provide some intuition for your result.

Describe how the multiplier works when the government decreases spending?

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