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Marginal propensity to consume increases

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As the marginal propensity to consume increases, the multiplier: As the marginal propensity to save increases, the multiplier: If the marginal propensity to consume is 0.70, then the multiplier is (assuming there are no taxes or imports): Given the multiplier that you calculated, byhowmuch will GDP increase when there is a $1,000 increase ingovernment spending?

Reference no: EM131177045

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