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Tarragona had been expecting a $50 million investment spending for a new golf resort, but the contract was canceled. Tarragona's governor estimates that this will

Tarragona had been expecting a $50 million investment spending for a new golf resort, but the contract was canceled. Tarragona's governor estimates that this will cost the region $300 million in total economic activity. What is the governor's estimate of the mutiplier and marginal propensity to consume. a. Multiplier = 6 and MPC = 0.83 b. Multiplier = 5 and MPC = 0.83 c. Multiplier = 6 and MPC = 0.17 d. Multiplier = 5 and MPC = 0.17

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