For each of the following values of the marginal
propensity to consume (MPC), find the value of
the government purchases multiplier and the tax
multiplier.
a. MPC = 0.80
b. MPC = 0.75
c. MPC = 0.60
For each of the following values of the marginal
propensity to consume (MPC), find the value of
the government purchases multiplier and the tax
multiplier.
a. MPC = 0.80
b. MPC = 0.75
c. MPC = 0.60
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