1.When MPC is 0.8 the value of multiplier will be
2.Which measure of money supply is known as broad money?
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In the United States, the most common measures of money supply are termed M0, M1, M2, and M3. These measurements vary according to the liquidity of the accounts included. ... In most cases, broad money means the same as M3, while M0 and M1 usually refer to narrow money.
when MPC is 0.8 this would yield a muliplier 5
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