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Alison Petty
20 September, 21:57
If the multiplier is 4 the mpc is
+4
Answers (
1
)
Fisher Callahan
20 September, 23:10
0
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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