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Q. If the marginal propensity to consume (MPC) is 7/8, illustrate what would be the government spending multiplier? What would be the taxation multiplier?

Q. Experiment by substituting different numbers into the Prices of Slythe box and observe what happens in the graph. An explanation that is consistent with the effects of a change in the price of slythe is that

 

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  • Category:- Business Economics
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