If the value of MPC is 0.8, find the value of multiplier.

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter10: Kenesian Macroeconomics And Economic Instability: A Critique Of The Self Regulating Economy
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If the value of MPC is 0.8, find the value of multiplier.

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