Calculate the simple multiplier

Reference no: EM132127502

Question: Calculate the simple multiplier if the marginal propensity to consume is 0.4, investment rises $0.05 for every $1 billion increase in income, and net exports decline $0.08 for every $1 billion increase in income. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132127502

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Calculate the simple multiplier : Calculate the simple multiplier if the marginal propensity to consume is 0.4, investment rises $0.05 for every $1 billion increase in income.

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