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Provide a justification why each of the following would cause the value of the multiplier to be larger or smaller (i). An increase in imports

Provide a justification why each of the following would cause the value of the multiplier to be larger or smaller

(i). An increase in imports [0.5 marks]

(ii). An increase interest rates. [0.5 marks]

(iii). An increase in marginal propensity to consume. [0.5 marks]

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