What is the impact on the economy based on the multiplier

Reference no: EM13180375

1. If the marginal propensity to consume in a municipality is 0.8, what is the value of the simple multiplier?
2. If a new stadium in an ew consumption expenditures is built, what is the impact on the economy based on the multiplier?
3. Suppose the marginal porpensity to import is 0.3, what happenes to the multplier and the impact on economy?

Reference no: EM13180375

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