Question

"सेंत मेंत का काम" मुहावरे का अर्थ​

Answer 1

Answer:

If the MPC is 0.75, the Keynesian government spending multiplier will be 4/3; that is, an increase of $ 300 billion in government spending will lead to an increase in GDP of $ 400 billion. The multiplier is 1 / (1 - MPC) = 1 / MPS = 1 /0.25 = 4.