lovethegame2022 lovethegame2022

25-03-2020
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If the multiplier is 4 the mpc is

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baileynordison baileynordison

25-03-2020

Answer:

2.5

Explanation:

The multiplier effect is the magnified increase in equilibruim GDP that occurs when any component aggregate expenditures changes. The greater the MPC(the smaller the MPS)

4 multiplier equals 2.5 MPC

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