Question
With the given information, answer the question. Autonomous consumption R 500 billion Autonomous government expenditure R 200 billion Autonomous investment R 250 billion Autonomous exports
With the given information, answer the question.
Autonomous consumption R 500 billion
Autonomous government expenditure R 200 billion
Autonomous investment R 250 billion
Autonomous exports R 400 billion
Autonomous imports R 250 billion
Marginal propensity to consume 0,8
What is the size of the multiplier?
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
10th Edition
538482109, 1133711774, 538482389, 9780538482103, 9781133711773, 978-0538482387
