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Suppose the marginal propensity to consume increases from 0.67 to 0.89 The value of the expenditure multiplier will increase from to (Enter your responses rounded

Suppose the marginal propensity to consume increases from 0.67 to 0.89 The value of the expenditure multiplier will increase from to (Enter your responses rounded to two decimal places) When the value of the multiplier increases, all else equal, a change in expenditure will raise aggregate expenditure by a larger amount

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