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Category > Economics Posted 22 Jun 2017 My Price 4.00

the marginal propensity

6.5. If the marginal propensity to consume in a municipality is 0.8, what is the value of the simple multiplier? If a new stadium that adds $30 million in new consumption expenditures is built, what is the impact on the economy based on this multiplier? Suppose the marginal propensity to import is 0.3, what happens to the multiplier and to the impact on the economy?

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SuperTutor
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Status NEW Posted 22 Jun 2017 02:06 AM My Price 4.00

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