Economy, asked by priyamalakar52, 9 months ago

if MPC is equal to 1 what will be the value of multiplier

Answers

Answered by radhikamounika28

0

Answer:

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Answered by yeshwitha2936

0

If MPC= MPS, then

MPC+MPS= 1

=>2 MPS= 1

=> MPS =1/2 =0.5

Multiplier (k) = 1/MPS = 1/ 0.5 = 2

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