=+Westlandia and 0.75 in Eastlandia. What do your results indicate about the relationship between the size of

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=+Westlandia and 0.75 in Eastlandia. What do your results indicate about the relationship between the size of the marginal propensity to consume and the multiplier?

Westlandia Incremental cha Total change in Rounds nge in GDP GDP 1 AC = $40 billion ?

2 MPC aCc= ? ?

MPC MPCx sc 3 =? 2 MPC x MPC MP > 4 ? CxaC= ?

‘Total change in G (a/

(a- MPO) x 3c =?

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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