Previous Page Next Page Page 5 of 39 Question 5 (3 points) Explain what effect each of the following has on the expenditure multiplier, ceteris paribus. 1 mark each 1. An increase in the marginal propensity to consume. 2. An increase in the marginal propensity to import 3. An increase in the marginal tax rate. Paragraph V BIUAEEV + v .. . Page 5 of 39 Previous Page Next Page 40 144 X # 96 O O 3 4 5 6 2 O P W E R T Y U F G C K S D H C B N M X aft