What is the multiplier for a 32% increase ?
options :
1. 32
2. 132
3. 1.32
please answer , its urgent !!
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Answer:
The formula to determine the multiplier is M = 1 / (1 - MPC). Once the multiplier is determined, the multiplier effect, or amount of money needed to be injected into an economy, can also be determined. This amount is calculated by dividing the total amount of spending needed by the multiplier.
may this help you
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