The marginal propensity to consume

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Reference no: EM131095401

Calculate the government-spending multiplier in each of the following examples. Instructions: Round your answers to two decimal places.

a. The marginal propensity to consume (MPC) = 0.2. .

b. The marginal propensity to consume (MPC) = 0.5. .

c. The marginal propensity to consume (MPC) = 0.8.

Reference no: EM131095401

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