(Answered) A find the value of the multiplier when mpc 050 075 and

Economics

a. Find the value of the multiplier when MPC =0.50, 0.75, and 0.80.

b. Find the relationship between the multiplier and the MPC.

c. Find the change in the equilibrium level of output when there is a $10 increase in net export spending and the MPC =0.50, 0.75, and 0.80.

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Microeconomics, Economics

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