Find out the value of multiplier when - (i) MPC (c) = .8, %3D (ii) MPS (s) = 0.25 %3D

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter10: Keynesian Macroeconomics And Economic Instability: A Critique Of The Self Regulating Economy
Section10.2: The Simple Keynesian Model
Problem 2ST
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- Find out the value of multiplier when
- (i) MPC (c) = .8,
%3D
(ii) MPS (s) = 0.25
Transcribed Image Text:- Find out the value of multiplier when - (i) MPC (c) = .8, %3D (ii) MPS (s) = 0.25
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