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What is the multiplier in model

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Reference no: EM131153667

1) A consumption function is given by the following relationship:

C = 100 + 0.67(Yd).

What is the multiplier in this model? _______(Round your answer to two decimal places)

Now suppose the consumption function changes to: C = 100 + 0.75(Yd).

What is the multiplier in this model?_____

Reference no: EM131153667

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