Exploring Macroeconomics
Exploring Macroeconomics
8th Edition
ISBN: 9781544337722
Author: Robert L. Sexton
Publisher: SAGE Publications, Inc
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Chapter 16, Problem 7P
To determine

(a)

To compute:

The value of multiplier if the marginal propensity to consume was 13.

To determine

(b)

To compute:

The value of multiplier if the marginal propensity to consume was 12.

To determine

(c)

To compute:

The value of multiplier if the marginal propensity to consume was 34.

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