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Change in equilibrium level of real gdp

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Reference no: EM132639697

-What is the multiplier when the change in equilibrium level of real GDP in the aggregate expenditures model is 9, and change in autonomous aggregate expenditures is 3?

-What is the multiplier when the marginal propensity to save is 1/3?

-What would happen to the marginal propensity to save when a tax cut was enacted causing the multiplier to change to 5?

Reference no: EM132639697

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