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The spending multiplier is bigger the smaller the MPS. the larger the MPS. the larger the MPM. the closer the economy is to full employment.
The spending multiplier is bigger
the smaller the MPS.
the larger the MPS.
the larger the MPM.
the closer the economy is to full employment.
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Money Banking and Financial Markets
Authors: Laurence M. Ball
2nd edition
1429244097, 978-1429244091
