Simple income-expenditure model

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In the simple income-expenditure model with no taxes, government spending or foreign trade, if the marginal propensity to consume equals 0.9, the multiplier equals?

Reference no: EM131414333

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Simple income-expenditure model : In the simple income-expenditure model with no taxes, government spending or foreign trade, if the marginal propensity to consume equals 0.9, the multiplier equals?
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