Economy, asked by wwwaneesfatima800, 4 months ago

the APC is 0. 75 and MPC is 0.8. what is the value of multiplier

Answers

Answered by mansi370

1

Ans. 5

Explanation:

k = 1 / (1 - MPC)

k = 1 / (1 - 0.8)

k = 1 / 0.2

k = 5

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