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    5. What is the investment multiplier when the marginal propensity to consume is 0.60 and the marginal p

    Question

    What is the investment multiplier when the marginal

    propensity to consume is 0.60 and the marginal propensity to import is 0.20
    A 2.5 Correct Answer Incorrect Answer
    B 1.67 Correct Answer Incorrect Answer
    C 1.75 Correct Answer Incorrect Answer
    D 2 Correct Answer Incorrect Answer

    Solution

    Practice Next
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