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Using the concept of the multiplier, calculate the size of the multiplier if Marginal Propensity to Save (MPS) = 0.22 (show the formula).
Using the concept of the multiplier, calculate the size of the multiplier if Marginal Propensity to Save (MPS) = 0.22 (show the formula).
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How Finance Works
Authors: Mihir Desai
1st Edition
1633696707, 978-1633696709
