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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![If the ratio of MPC and MPS is 4:1 then the value of investment multiplier would be 4
True / False](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2485ed2d-d9d3-4e53-82e5-5447c139e903%2Fc4fe52b8-05ae-4096-87de-ff20e9d34746%2Fnweuru_processed.jpeg&w=3840&q=75)
Transcribed Image Text:If the ratio of MPC and MPS is 4:1 then the value of investment multiplier would be 4
True / False
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