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Which of the following refers to total increase in aggregate expenditures divided by the original increase in expenditures? Question 9 options: a) Expenditure-output model b)
Which of the following refers to total increase in aggregate expenditures divided by the original increase in expenditures? Question 9 options: a) Expenditure-output model b) Multiplier c) Permanent income hypothesis d) Marginal propensity to consume (MPC)
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