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Author Question: The multiplier can be calculated using the formula 1/(1-mpcd) where 'mpcd' is the marginal ... (Read 84 times)

burton19126

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on: May 25, 2020

Question 1

In equilibrium, aggregate expenditure equals GDP.
◦ true
◦ false

Question 2

The multiplier can be calculated using the formula 1/(1-mpcd) where 'mpcd' is the marginal propensity to consumer domestically produced goods.
◦ true
◦ false
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by burton19126 on May 25, 2020

Sweetkitty24130

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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burton19126

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Reply 2 on: May 25, 2020
Excellent

chjcharjto14

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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