Question

If the marginal propensity to consume is greater than marginal propensity to import then

Answer 1

Answer:

For example, given a marginal propensity to consume of 0.9, a marginal propensity to import of 0.1 results in a multiplier of 5. In contrast, a larger marginal propensity to import of 0.15 results in a smaller multiplier of 4.

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