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Author Question: Multiplier EffectsIf the marginal propensity to consume (MPC) is 0.6, then the multiplier is ... (Read 27 times)

dabomba718

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on: Nov 23, 2022

Question 1

Multiplier Effects

If the consumption function is defined as C = 4000 + 0.55Y, what is the value of the multiplier? (Round to the nearest hundredth.)
◦ 2.22
◦ 5.5
◦ 4.5
◦ 1.82

Question 2

Multiplier Effects

If the marginal propensity to consume (MPC) is 0.6, then the multiplier is ________. (Round to the nearest hundredth when appropriate.)
◦ 0.63
◦ 2.5
◦ 1.67
◦ 6
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by dabomba718 on Nov 23, 2022

labrinker

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Reply #1 on: Nov 23, 2022
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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dabomba718

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Reply 2 on: Nov 23, 2022
Thanks for the timely response, appreciate it

nanny

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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